Hyderabad, Dec. 22 -- : Dismissing Bharat Rashtra Samithi (BRS) chief and former chief minister K Chandrashekar Rao's claim of fake MoUs signed at the recently held Telangana Rising Global Summit, Telangana IT and Industries Minister D Sridhar Babu on Monday asserted that the present Congress government follows a "hope-driven" approach backed by economic data, unlike the previous "hype-driven" regime.

Addressing a press conference here, Babu said the scale and diversity of investments reflect growing global confidence in Telangana.

"The earlier administration thrived on hype, while the present government believes in hope, supported by numbers," the minister said, adding that global business leaders such as Anand Mahindra and Tony Blair at...