YSRCP slams Andhra's investment summits as facade amid falling power demand

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YSRCP slams Andhra's investment summits as facade amid falling power demand

Synopsis

YSRCP has turned official government data — falling electricity sales, near-flat tax revenues, and a worsening unemployment rank — into a pointed challenge to Andhra Pradesh's investment-summit narrative, demanding verifiable proof of even 20,000 jobs from a government claiming 20 lakh.

Key Takeaways

YSRCP spokesperson Putta Sivashankar alleged on 13 November 2026 that investment summits are masking Andhra Pradesh's economic decline.
APERC figures cited show electricity sales fell from 71,722 million units (2023–24) to 70,885 million units (2025–26).
State own tax revenue grew only marginally from ₹85,922.36 crore to ₹86,552 crore against an expected 10–12% annual growth rate, per CAG data cited by YSRCP.
Andhra Pradesh's unemployment ranking reportedly worsened from fourth to third nationally in the first two quarters of 2026–27 .
Former Minister Buggana Rajendranath urged free and fair Gram Panchayat elections , warning against interference and malpractice.
YSRCP leaders submitted a memorandum to Kurnool Range DIG Koya Praveen demanding impartial poll conduct.

The YSR Congress Party (YSRCP) on Friday, 13 November 2026 launched a sharp attack on the Chandrababu Naidu-led coalition government in Andhra Pradesh, alleging that high-profile investment summits and foreign roadshows are masking a deepening economic slowdown, citing official data on falling electricity consumption, stagnant tax revenues, and rising unemployment.

Key Allegations and Data Cited

Addressing reporters at the YSRCP Central Office in Tadepalli, party spokesperson Putta Sivashankar said the state government and its allied media are projecting 'imaginary development' to deflect scrutiny from unfulfilled election promises. He drew on figures from the Comptroller and Auditor General (CAG) and the Andhra Pradesh Electricity Regulatory Commission (APERC) to buttress his claims.

According to APERC data cited by Sivashankar, electricity sales through distribution companies declined from 71,722 million units in 2023–24 to 70,885 million units in 2025–26. Electricity dispatch, he noted, also fell from 79,758 million units to 78,546 million units — a reduction of 1,212 million units. 'How can electricity demand decline if new industries are genuinely coming up and economic activity is expanding?' he asked.

Tax Revenues and Unemployment Concerns

On fiscal health, Sivashankar cited CAG data showing that Andhra Pradesh's own tax revenue grew only marginally — from ₹85,922.36 crore in 2023–24 to ₹86,552 crore in 2025–26 — well below the expected annual growth rate of 10–12%. He argued that such near-stagnant fiscal receipts are inconsistent with the government's claims of robust industrial activity.

On unemployment, the YSRCP spokesperson said Andhra Pradesh's national ranking deteriorated from fourth to third between the first two quarters of 2026–27. Challenging government claims of generating 20 lakh jobs, Sivashankar demanded village-level employment records, Provident Fund and Employees' State Insurance contribution data, and proof of even 20,000 verifiable new jobs.

Investment Summit Claims Under Scrutiny

The YSRCP targeted investment summits and overseas roadshows as 'diversionary publicity exercises' that produce announcements rather than on-the-ground investment. Notably, Sivashankar questioned the government's claims regarding a major Reliance investment, asking why no photograph of a company representative signing the memorandum of understanding was publicly available. He said slogans about growth engines, quantum technology, and artificial intelligence cannot paper over deteriorating ground-level conditions.

Gram Panchayat Polls and Democratic Concerns

Separately, former Minister Buggana Rajendranath warned that undermining the electoral system would endanger Andhra Pradesh's democratic institutions. He urged the government to ensure the upcoming Gram Panchayat elections are conducted lawfully and without political interference or intimidation.

YSRCP leaders, led by Nandyal District President Katasani Rambhupal Reddy, submitted a memorandum to Kurnool Range DIG Koya Praveen seeking impartial conduct of the elections. Buggana said violence and irregularities seen in recent municipal and local body polls resembled conditions once associated with Bihar and Uttar Pradesh, and warned that such developments damage the state's reputation and democratic future.

With Andhra Pradesh's next round of panchayat elections approaching, the YSRCP's data-led offensive is likely to intensify pressure on the Naidu administration to produce independently verifiable investment and employment outcomes.

Point of View

Making it harder for the ruling coalition to dismiss the critique as partisan noise. The electricity consumption argument is particularly pointed: power demand is a real-time economic barometer, and a decline during a period of claimed industrial expansion is a genuine contradiction that demands a government response. What mainstream coverage may underplay is that both the tax revenue stagnation and the unemployment ranking deterioration are, if the figures are accurate, structural concerns — not cyclical blips. The Naidu administration's credibility now rests on whether it can produce granular, independently auditable investment and employment data, not just summit headlines.
NationPress
14 Nov 2026

Frequently Asked Questions

What data did YSRCP cite to challenge Andhra Pradesh's economic claims?
YSRCP spokesperson Putta Sivashankar cited APERC figures showing electricity sales fell from 71,722 million units in 2023–24 to 70,885 million units in 2025–26, and CAG data showing state own tax revenue grew marginally from ₹85,922.36 crore to ₹86,552 crore — far below the expected 10–12% annual growth rate.
Why does YSRCP say electricity data exposes the government's investment claims?
YSRCP argues that declining electricity consumption contradicts the government's narrative of expanding industrial activity, since genuine industrial growth typically drives higher power demand. The party says a drop of 1,212 million units in electricity dispatch between 2023–24 and 2025–26 suggests economic activity has not meaningfully increased.
What is YSRCP's claim about unemployment in Andhra Pradesh?
According to YSRCP, Andhra Pradesh's unemployment ranking worsened from fourth to third nationally between the first two quarters of 2026–27. The party has challenged government claims of creating 20 lakh jobs, demanding village-wise employment records and PF/ESI contribution data as proof.
What concerns did YSRCP raise about the upcoming Gram Panchayat elections?
Former Minister Buggana Rajendranath urged the government to hold Gram Panchayat elections without political interference, intimidation, or malpractice. YSRCP leaders also submitted a memorandum to Kurnool Range DIG Koya Praveen seeking impartial conduct, citing violence and irregularities in recent municipal and local body polls.
What is YSRCP's specific allegation about the Reliance investment?
YSRCP spokesperson Putta Sivashankar questioned the government's claims of a major Reliance investment, asking why no photograph of a company representative signing the memorandum of understanding has been made publicly available. He described investment summits as producing announcements rather than actual investment commitments.
Nation Press
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