TS debt will cross ₹6 lakh crore: Vikramarka
4 years, 5 months ago

TS debt will cross ₹6 lakh crore: Vikramarka

The Hindu  

Congress Legislature Party leader Mallu Bhatti Vikramarka has questioned the spree of loans being raised by the government and feared the total debt of Telangana would cross ₹6 lakh crore by the end of this government’s term. Going by the government’s estimates, he said that ₹1.5 lakh crore will be raised in the next three years. “When the situation is so grave due to COVID and its after effects on the economy, the government is least bothered to support people but spending ₹500 crore on a new Secretariat,” he said and demanded the government to release a white paper on the State finances, including how much was spent on coronavirus treatment and facilities. Jagga Reddy warns Ministers Meanwhile, Mr. Jagga Reddy warned Ministers Srinivas Yadav and Srinivas Goud for criticising the Congress saying they were there to cover up the failures of the government rather than serving people.

History of this topic

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