The report of Andhra Pradesh's financial status will be placed before the 15th Finance Commission, stressing the need for the state's special category status.
The debt was at Rs 97,000 crore when the state was bifurcated. In the last five years, our debt has up to Rs 2.58 lakh crore. Our interest repayments alone are at Rs 20,000 crore per annum."
According to an Economic Times report, Andhra Pradesh's principal and interest put together amount to Rs 40,000 per annum.
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The report of Andhra Pradesh's financial status will be placed before the 15th Finance Commission, stressing the need for the state's special category status. The debt was at Rs 97,000 crore when the state was bifurcated. In the last five years, our debt has up to Rs 2.58 lakh crore. Our interest repayments alone are at Rs 20,000 crore per annum." According to an Economic Times report, Andhra Pradesh's principal and interest put together amount to Rs 40,000 per annum.