BRS slams Telangana Govt over Rs 9,000 cr borrowings BRS slams Telangana Govt over Rs 9,000 cr orrowings Hyderabad, Oct 13 (UNI) BRS MLC Dr Dasoju Sravan Kumar on Monday criticised the Congress-led Telangana government, accusing Chief Minister Revanth Reddy of "auctioning the future of Telangana" through excessive borrowings. The remarks followed the RBI's Indicative Calendar of Market Borrowings, which showed the state plans to raise Rs 9,000 crore via government securities in the October-December quarter. In a statement, Dr Sravan said the government is prioritising short-term cash flow over long-term development, calling it "debt, drama, destruction and deception." He pointed out that Telangana had already raised Rs 15,500 crore in bonds last month, with total borrowings reaching Rs 33,415 crore as of August 31, nearly 62 per cent of the fiscal year's ceiling. The state reported a revenue deficit of Rs 11,051 crore by July despite projecting a surplus in the 2025-26 Budget. Sravan warned that aggressive borrowing without productive investment could trigger a prolonged financial crisis, and called for "visionary statesmen, not irresponsible salesmen," to secure Telangana's economic future. UNIVV

Hyderabad, Oct. 13 -- BRS MLC Dr Dasoju Sravan Kumar today criticised the Congress-led Telangana government, accusing Chief Minister Revanth Reddy of "auctioning the future of Telangana" through exces... Read More

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