Lack funds pulls out YSRCP from GHMC Polls

YSR Congress Party decision of pulling of the race from GHMC polls is due to the lack of funds in the partly. After discussing with the its party chief YS Jaganmohan Reddy, the party apparently decided to save its limited financial resources and stayed away from the poll battle. The elections could have been a real major test of the party’s strength to win the trust of numerous Andhra settlers living in Hyderabad. in the interim, all contesting parties are having the strong financial support from its ruling states and also going to spend huge money in the GHMC elections.

The TDP, the ruling party of Andhra Pradesh, is amassing wealth in Andhra Pradesh and spending it in GHMC elections. The BJP is backed by the central party which is the leader NDA government. And as for Congress, this is drawing strength from its government in Karnataka. Finally, the TRS is ruling party in Telangana. All these parties are ready to go to any extent in spending money to win GHMC elections. YSRC has no money at all to spend in elections.

            Meanwhile, TDP leaders have lashed out at YS Jagan for withdrawing from the polls and indirectly helping the TRS party. In the past, the party faced a severe funds crunch in Nellore, where the party’s office remained shut for a few days

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