Replying to a question raised by BRS member T Harish Rao and others on the loans and guarantees during the Question Hour, Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka said that the state government had obtained ₹52,118 crore loans between December 7, 2023 and till the end of November, 2024 under the Fiscal Responsibility and Budget Management (FRBM) Act.
He also said that the present government paid ₹66,000 crore in one year to repay the principal amount of debts raised by the BRS government and interest on those loans. However, BRS MLA and former finance minister T Harish Rao alleged that the state government raised over ₹1 lakh crore loans in just one year.
This story is from the December 18, 2024 edition of The New Indian Express Hyderabad.
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This story is from the December 18, 2024 edition of The New Indian Express Hyderabad.
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