Vijayawada:YSRC president Y.S. Jagan Mohan Reddy has accused the TD-led alliance government of presiding over a scenario of falling power demand, stagnant tax revenue and rising unemployment in Andhra Pradesh.

The former chief minister alleged corruption and lawlessness, and accused the government of presenting a misleading picture of economic progress.

In a statement released on Thursday, Jagan Mohan Reddy cited statistics to support his claim that the state’s economy was under strain. He said power sales by distribution companies (Discoms) stood at 71,722 million units (MU) in 2023-24, while energy dispatch was 79,758mu. The corresponding figures for 2025-26 were 70,885mu and 78,546mu, respectively.

Jagan Mohan Reddy said power demand in a growing economy should increase with the addition of new industries, higher capacity utilisation in existing industries and increased household consumption. He argued that the decline in power sales and energy dispatch over the two years indicated sluggish economic activity.

On the state’s own tax revenue, he said collections stood at Rs 85,922.36 crore in 2023-24, compared with provisional figures of Rs 86,552.65 crore for 2025-26 released by the CAG. He claimed the compound annual growth rate over the two-year period was only 0.15 per cent, indicating a slowdown in consumption and investment.

Jagan Mohan Reddy also linked the alleged economic slowdown to employment conditions. He said AP ranked fourth among states in unemployment in the first quarter of 2026-27 and third in the second quarter.

These figures, he said, indicated a worsening employment situation, despite the CM’s claims of generating 23 lakh jobs.

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