As per the leading rating agency CRISIL, Andhra Pradesh is currently weak with high debt. 43 percent of the state’s gross net produced was borrowed in the current financial year. CRISIL announced that as a result of this, we are lowering the rating of Amaravati bonds.
Supreme Court is going to hear the arguments related to the AP fiber net scam that was filed against Former Chief Minister Nara Chandrababu Naidu. As the decision of 17A is still pending, it will be interesting on what the Supreme Court will say regarding this case.
As the last day for the nominations is getting nearer, the candidates who are planning to contest in the assembly elections in Telangana are filing their nominations. Today, Telangana Chief Minister K Chandrasekhar Rao is going to file his nominations in Gajwel and Kamareddy assembly constituencies. Later, he will address the public in an open meeting.
AICC Senior Leader KC Venu Gopal is set to return to Telangana today and it is expected that the remaining five candidates for the assembly elections will be announced.