From Deccan Chronicle
Owned by Deccan Chronicle HoldingsJagan Alleges Fall In Power Demand, Stagnant Tax Revenue In AP
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YSRCP chief Jagan Mohan Reddy said that power demand in Andhra Pradesh has fallen and tax revenue has remained stagnant, linking these trends to weak employment conditions. He also challenged Chief Minister Naidu’s claim of creating 23 lakh jobs, arguing that the government’s growth narrative is exaggerated. According to Reddy, recent economic indicators show sluggish industrial activity, weak consumer demand and insufficient employment opportunities, suggesting a slowdown in the state’s economy.
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Jagan Mohan Reddy also linked the alleged economic slowdown to employment conditions.