Wednesday, 25 December 2024 »  Login
in
»
I am at

Congress, BRS Lock Horns Over State Debt

BRS leader Harish Rao insisted on a discussion on the State's debt immediately before the Assembly session concluded.
Hyderabad | 17th December 2024
The Telangana Assembly session today witnessed intense verbal duels between the ruling Congress and the opposition BRS, primarily centred on the State's debt burden.

The debate escalated during the discussion on Fiscal Responsibility and Budget Management (FRBM) loans.

The session began with Speaker Gaddam Prasad Kumar presiding over the Question Hour. During this time, Deputy CM and Finance Minister Bhatti Vikramarka responded to a question posed by former BRS minister Harish Rao regarding FRBM loans.

Countering Vikramarka's claims, Rao said that the State's debt after the previous BRS administration had been exaggerated by the Congress. Refuting allegations of a Rs 7 lakh crore debt, he said that it stood at just Rs 4,17,486 crore.

He also accused the Congress government of borrowing Rs 1.27 lakh crore within just one year. Reminding the Assembly of the Congress' pre-election assurances about its expertise in revenue generation, he alleged that the government was now deflecting attention from its promises by blaming the debt.

Rao demanded a special discussion on the debt issue to get into the specifics.

In response, Vikramarka criticized the BRS for misleading the House. He said that the Congress government had already issued a white paper on the debt status. Alleging that the BRS had left Rs 40,000 crore in pending bills and failed to clear dues worth Rs 18,000 crore in civil supplies, he questioned the party's sudden concerns. He challenged the BRS to a debate on the State's financial situation, to which Rao readily agreed. Rao in fact insisted that the debt discussion be taken up immediately before the session concluded, citing discrepancies between the actual debts and figures presented by the government.

Further escalating the matter, Rao also urged the Speaker to allow the privilege motion filed against the Revanth Reddy-led government.
filed in:  Telangana, Assembly, Telangana Assembly, Telangana Assembly Winter Session, Assembly Session, Winter Session, BRS, Telangana Congress, Bhatti Vikramarka, T Harish Rao, Debts, Loans, Finance
COMMENTS
Be the first to comment on Congress, BRS Lock Horns Over State Debt! Just use the simple form below.
LEAVE A COMMENT
fullhyd.com has 700,000+ monthly visits. Tell Hyderabad what you feel about Congress, BRS Lock Horns Over State Debt!
[no link to your name will appear, overriding global settings]
To preserve integrity, fullhyd.com allows ratings/comments only with a valid email. Your comments will be accepted once you give your email, and will be deleted if the email is not authenticated within 24 hours.
My name:

Dissatisfied with the results? Report a problem or error, or add a listing.
ADVERTISEMENT
SHOUTBOX!
{{todo.name}}
{{todo.date}}
[
]
{{ todo.summary }}... expand »
{{ todo.text }} « collapse
First  |  Prev  |   1   2  3  {{current_page-1}}  {{current_page}}  {{current_page+1}}  {{last_page-2}}  {{last_page-1}}  {{last_page}}   |  Next  |  Last
{{todos[0].name}}

{{todos[0].text}}

ADVERTISEMENT
This page was tagged for
hyderabad December 2024 News
Telangana news
Assembly updates
Follow fullhyd.com on
Copyright © 2023 LRR Technologies (Hyderabad) Pvt Ltd. All rights reserved. fullhyd and fullhyderabad are registered trademarks of LRR Technologies (Hyderabad) Pvt Ltd. The textual, graphic, audio and audiovisual material in this site is protected by copyright law. You may not copy, distribute or use this material except as necessary for your personal, non-commercial use. Any trademarks are the properties of their respective owners.