Populist policies of CM pushed State into financial mess: IYR
The Hindu
‘State will slip into irrevocable crisis if measures are not taken’
Bharatiya Janata Party Political Affairs Committee (PAC) chairman I.Y.R. Krishna Rao on Tuesday said that the populist policies of Chief Minister Y.S. Jagan Mohan Reddy had pushed the State into deep financial crisis.
“Financial discipline has gone for a toss and the fact that the government is asking companies to supply sand, cement and other construction material on concessional rates to complete the housing projects tells it all about the magnitude of the problem. Immediate and effective measures are needed, otherwise the State would slip into an irrevocable crisis,” Mr.Krishna Rao told the media.
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