Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
Special Correspondent

KCR pushed TS into a debt trap: BJP

The TS BJP has rebutted the comments made by TS Planning Board VC Vinod Kumar and Minister Puvvada Ajay Kumar and blaming the Centre for the “State’s precarious financial position”.

It accused Chief Minister K. Chandrasekhar Rao of “pushing the State into a huge debt trap, for which it is unable to pay even salaries and pensions”.

Party spokesperson N.V. Subash told the media on Tuesday that criticising the Centre was only to divert the attention of the people from the “TRS government’s own failures”.

“People including government employees and farmers have lost faith in TRS and KCR since he has failed in making a ‘Bangaru Telangana,” he said.

He demanded the government to furnish details of utilisation of borrowed funds of about $1.45 lakh crore by giving bank guarantees on behalf of various corporations. “The TRS government has crossed all limits in expenditure and hence the treasury is empty,” he added.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.