Contrasting Andhra and Telangana Chandranomics


Time to take stock of How the Two “Chandra” in Telangana and Andhra are going about their Financial Budgeting and Actual if I may call as “Chandranomics” of  Andhra and Telangana

Andhra Chandranomics (AP Budget Estimate, Re-estimate and Actual since 2015)

B.E. : Budget Estimates  R.E. : Revised Estimates during next budget   Actual : Reported during next to next budget

  • Original Budget vs Actual State Performance in Revenues is about 90%
  • Center Grants are 124 % of Budget (Andhra Media will make all believe it otherwise)
  • Public Debt Achieved is 247% Rs 53,681 Crores (did we hear it from any Opposition and Andhra Media ?) 
  • Actual Cash in-flows is 26% Over the Original Budget, primarily due to Over 30,000 PLUS Crores more Borrowings over and above the Budgeted and Revised Estimates
  • Lesson (Final Actual Borrowings and Centers Grants are Managed under Andhra Chandranomics Secretly and are not revealed to Assembly and public thru Original or Revised Estimates of Budgets Sessions, Total Mockery of Democracy and Total collusion of Parties and Media in the State that such things is not brought out in to public domain
  • AP is having Very Special Category Status in Center and RBI, no FRBM or any Rules apply to this state and CM

Telangana  Chandranomics (TS Budget Estimate, Re-estimate and Actual since 2015)

B.E. : Budget Estimates  R.E. : Revised Estimates during next budget   Actual : Reported during next to next budget

  • States Own Original Estimates and Final Actual Performance is around 80%
  • Center’s Grants have been less than 80% of Budget and less than Half of what are granted to AP
  • Telangana Chandranomics Keeps stretched targets in Budget and does proper revision brings it close to reality and final figures may be close to R.E.
  • Good Financial Management is reflected Borrowings too have been reduced when revenues have been short
  • All hovering around 80% of Original Estimates is Chandranomics of Telangana
  • Evidence of Healthy Growth of States Revenues is Visible

The Buzz in Mainstream Media and Social Media is Not about Andhra Pradesh Borrowings of 250% than in Budget in 2015-16, but is Projecting Telangana has done Huge Borrowings when in reality it did only 81% of what it estimated in the Original Budget.

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