CAG figures paint a disturbing picture of Andhra Pradesh’s finances, says YSRCP president Jagan 

YSRCP president Y.S. Jagan Mohan Reddy. | Photo Credit: File Photo

YSR Congress Party (YSRCP) president Y.S. Jagan Mohan Reddy has said that the monthly key indicators released by the Comptroller & Auditor General (CAG) for April 2025 bring to light a “very disturbing picture” of the State’s finances.

The government claimed on May 1 that the net GST collections for April 2025 were the highest since the introduction of GST at ₹3,354 crore, whereas, technically, the net GST would be subsequent to the making of all adjustments, Mr. Jagan Mohan Reddy said.

In fact, as per the CAG figures, the State GST revenues for the first month of FY 2025-26 had contracted to 24.20% when compared with that of April 2024, he said.

The government also said the GST revenues were at a record high even in May. It was mentioned in a government release that in April 2025, the Centre had deducted ₹796 crore on account of adjustment of advance apportionment from Integrated GST (IGST) and because of it, GST revenues had come down.

Mr. Jagan Mohan Reddy stated that the advance apportionment of IGST would be accounted for under Minor Head 110 and was a part of SGST under Major Head 0006 of the government accounts. The net GST revenues would be arrived at after accounting for all the adjustments.

Same was the case even in the previous years. The press release issued by the government on May 1 said that the net GST collections for April 2025 stood at ₹3,354 crore. Now, the government said a sum of ₹796 crore was adjusted.

“One can clearly understand from this that the government is covering up the sordid facts about the GST revenues,” he said.

The CAG figures indicated that the trend of economic sluggishness was more pronounced during the first month of FY 2025-26, with the tax revenues registering a decline of 12.21% and non-tax revenues falling by 22.01% over April 2024, he added.

Published - June 07, 2025 06:58 pm IST