YSRCP chief YS Jagan Mohan Reddy alleged on 19 June that the TDP-led Andhra Pradesh government had mortgaged mineral rights worth ₹1.91 lakh crore to issue bonds via APMDC under GO No. 69. He claimed the move, which includes hypothecating mining rights for Non-Convertible Debentures, was unconstitutional and contradicted CM Chandrababu Naidu’s claims of not pledging state assets.