SLAMMING the previous BRS government for pushing Telangana into a debt trap during its decade-long rule, raising loans in the name of various projects, Finance Minister and Deputy Chief Minister Mallu Bhatti Vikramakra on Sunday said that the government was ready to debate the issue in the State Legislative Assembly, which resumes on Monday.
Vikramarka reiterated: "While BRS looted the state in the name of loans, the Congress' People's government has been forced to borrow ₹54,118 crore this year under the Fiscal Responsibility and Budget Management (FRBM) norms to repay the BRS-incurred loans and interest totalling to ₹66,782 crore."
"BRS leaders T Harish Rao and KT Rama Rao, who pushed the state into deep debts and burdened people, are now strangely crying themselves hoarse," Bhatti remarked.
This story is from the December 16, 2024 edition of The New Indian Express Vijayawada.
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This story is from the December 16, 2024 edition of The New Indian Express Vijayawada.
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