From December 2023 Telangana borrowed ₹17,618 crore & repaid ₹26,374 crore as principal & interest of previous borrowings: Bhatti Vikramarka
Dy CM Bhatti Vikramarka in Meet the Press programme (supplied)
Telangana’s Deputy Chief Minister Bhatti Vikramarka on Thursday, 19 April, dismissed claims that the state received nearly ₹10 lakh crore from the Central government.
Releasing the data of important payments made from December 2023 to 15 April, 2024, in Telangana on Thursday, Bhatti detailed that the state received ₹3,70,235 crore in the last 10 years.
He said: “A Union minister is claiming that the Central government has given Rs 10 lakh crore to Telangana, which is a blatant lie. The state received only ₹3,70,235 crore.” He was referring to Union minister and Telangana BJP chief Kishan Reddy.
He added: “The funds received during former chief minister K Chandrashekar Rao’s rule for Rythu Bandhu are questionable.”
The Congress leader continued: “The BRS government approached the Election Commission before the Assembly elections to sanction the disbursal of ₹7,000 crore Rythu Bandhu funds. However, after the elections, the reins of the government were handed over with a budget deficit.”
He charged: “Where was the amount spent? Whose bank account received it? These must be answered by KCR.”
కాంగ్రెస్ ప్రభుత్వం అధికారంలోకి వచ్చిన రోజు రాష్ట్ర ప్రభుత్వం ఖజానా (-3960 కోట్లు) pic.twitter.com/v5TbpQbxDJ
— Bhatti Vikramarka Mallu (@Bhatti_Mallu) April 19, 2024
The financial papers detail that the Telangana government borrowed ₹17,618 crore from December 2023 to 15 April, 2024.
Meanwhile, it repaid ₹26,374 crore as the principal and interest of previous borrowings.
The government said the capital expenditure during this period was ₹7,135 crore.
The data mentioned the following expenditures totaling ₹66,507 crore:
Regarding specific questions on water shortage in Telangana, the deputy chief minister explained that ₹170 crore had been allocated to Mission Bhagiratha, CDMA, and HMWSSB towards preparedness and to tackle the situation because of summer.
Bhatti Vikramarka also addressed concerns regarding the recent power outage at Nampally court. He clarified that upon investigation, the outage was determined to be an internal issue within the court system.
He assured the people that the government was following transparent processes to buy electricity for peak hours, and also actively engaging in bringing a new power policy to provide environment-friendly and affordable renewable energy to the people of the state in the coming days.
He said that since Congress came to power, there had been no power cuts in the state, and quality electricity was being supplied. The peak demand of 15,623 megawatts was fulfilled on 8 March.
He disclosed that plans were being made and an appropriate system was being set up to fulfil a peak demand of 30,000 megawatts by 2030.
Vikramarka emphasised that the propaganda surrounding power cuts was not only inducing panic among the public but was also posing a significant threat to industries, potentially leading to reduced production and even closure.
Such consequences would adversely affect the state’s revenue and result in losses for the people, he said.
(Edited by Arkadev Ghoshal)
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