<h1>Andhra Pradesh fiscal indicators show weakness: slow tax revenue growth, shrinking capital spending, and rising borrowings.</h1> CAG data for the first half of the fiscal year indicate modest growth in the state's own tax revenues and marginal increases in combined GST and Sales Tax receipts, yielding a two year own tax CAGR of about 2.75 percent and simultaneous capital expenditure contraction of roughly 16 percent, while borrowings have risen sharply, highlighting a discrepancy between claimed GSDP growth and stagnant revenue performance.