Andhra Pradesh Into Deep Financial Crisis

September 05, 2019 12:38
Andhra Pradesh Into Deep Financial Crisis

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Andhra Pradesh Into Deep Financial Crisis:- Andhra Pradesh landed in huge financial crisis and it even dipped down as months proceeded. As per the latest update, theĀ Andhra Pradesh Government decided to stop all the pending payments in the state. The Government decided to proceed only with the salaries for the employees in the coming months after the state was hit with the huge crisis. Along with salaries, AP Government will also pay the pensions to the employees who are retired.

Several bills are pending with the Treasury and Accounts departments in the government. Several departments are running with no funds and a large number of bills are currently pending since the elections in Andhra Pradesh. Government officials admit that the bills submitted during previous government are kept on hold. With this financial crunch, the state would be badly affected in the coming months.

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