YSRC president Y.S. Jagan Mohan Reddy said in a message on X on Saturday that the commitment given by the TDP and JSP to the people at the time of the elections to increase the government revenues rapidly and bring down the debt proved to be mere rhetoric.

When they were in the Opposition in 2019-24, the parties alleged that the YSRCP government’s policies caused liabilities to shoot up and the capital expenditure in crucial sectors was negligible, leading to economic slowdown.