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Key Points

KTR has accused the Congress-led Telangana government of pushing the state into a debt trap due to reckless borrowing. He cited a CAG report revealing the govt exceeded 50% of its borrowing limit within four months. KTR slammed CM Revanth Reddy for financial mismanagement, claiming revenue deficits are soaring. The BRS leader warned of an economic freefall under Congress rule.

Key Points: KTR Accuses Congress of Pushing Telangana Into Debt Trap

  • KTR cites CAG report warning of fiscal stress in Telangana
  • Claims Congress govt crossed 50% borrowing limit in 4 months
  • Slams Revanth Reddy for reckless loans and poor revenue
  • Warns of sharp decline in state’s economic growth
2 min read

Congress driving Telangana into debt trap, says KTR

BRS leader KTR slams Revanth Reddy govt over CAG report, warns of fiscal stress due to reckless borrowing and poor revenue collection.

"Telangana’s economy is crumbling under the weight of Congress incompetence – KTR"

Hyderabad, Aug 11

Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao has alleged that the Congress government headed by Revanth Reddy is driving Telangana into a debt trap.

The former minister expressed concern over the report of the Comptroller and Auditor General (CAG) of India that in just four months of the financial year 2025-26, the Congress government has already crossed 50 per cent of its borrowing limit set by the Union Finance Ministry.

“Fiscal deficit widening, with reckless market loans to cover poor revenue collection under Congress Governance. Instead of building wealth, attracting investments, boosting the economy.. Revanth is obsessed with political vendetta and PR drama. Telangana is paying the price for Congress incompetence, empty promises, and financial mismanagement,” Rama Rao said in a post on X on Monday.

In another post, the BRS leader voiced concern over the CAG report that Telangana is facing fiscal stress. “This is a serious Red Flag! I never thought we would have to witness this - the latest CAG Report screams alarm bells. There is a sharp decline in Telangana’s growth,” he wrote.

“A failed Congress party’s governance results in a failed economy. They promised 6 guarantees but delivered only a failed economy. Income is on a downward trend, the debts are zooming up. This isn’t rocket science. This is plain math. Telangana’s economy is crumbling under the weight of Congress incompetence,” said KTR.

“You projected a ₹ 2,738 crore surplus budget, but today Telangana is looking at ₹ 10,583 crore revenue deficit…just by the end of the first quarter The non-tax revenues are seeing a sharp decline. Only 3.37 percent of the budgeted ₹ 2,26,720 crore was achieved! The government already borrowed ₹ 20,266 crore which is 37.5 % of the annual target Without even laying a road or commissioning a new project, without even providing students with a decent square meal - this government spent Rs 20,266 crore!!!”

“Where is the expenditure going? Also why is the economy in a free-fall? All those who made tall claims of Telangana economy being on auto-pilot, can they explain this phenomenon? Can the financial experts of Congress tell how they plan to bring the state’s economy back on track?” asked KTR.

- IANS

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Reader Comments

S
Shreya B
While I agree the financial situation looks concerning, isn't KTR being too harsh? The government has been in power for just a few months. Let's give them some time to implement their policies before judging.
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Aditya G
The numbers don't lie! ₹20,266 crore borrowed in just 4 months with nothing to show for it? This is scary for Telangana's future. Congress should stop blaming previous governments and take responsibility.
P
Priyanka N
As an economics student, I'm shocked by these figures. The revenue deficit is alarming and the borrowing pattern is unsustainable. Telangana needs immediate corrective measures before it's too late! 📉
M
Michael C
Having worked in Telangana's IT sector for 5 years, I'm worried about how this financial instability might affect investor confidence. The state was doing so well in attracting tech companies - we can't afford to lose that momentum.
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Kavya N
Both parties need to stop playing blame games. Instead of political mudslinging, we need concrete solutions to fix Telangana's finances. The common people are suffering while politicians score points. 😤

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