Finance advisory does not signal crisis, Andhra Pradesh Deputy CM says
The Deputy Chief Minister has rejected suggestions that a Finance Department advisory indicates a financial crisis in the State. The clarification followed criticism from Opposition members over observations made by the department about the State’s finances.
The Deputy Chief Minister has said that an advisory from the Finance Department should not be interpreted as an indication of a financial crisis in the State, The Hindu reported. The clarification came after Opposition members criticised observations made by the department about the State’s finances. The supplied material does not reproduce the advisory or set out the financial issues identified in the department’s observations.
It also does not provide the Deputy Chief Minister’s name or a direct quotation. No response from the Opposition was included beyond the report that its members had raised criticism. The available information therefore establishes the disagreement over the interpretation of the advisory, but does not provide figures or other details about the State’s financial position.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.