Deputy Chief Minister Mallu Bhatti Wickremarka addressing a press conference in Khammam on Sunday. | Photo Credit: Special Arrangements
Deputy Chief Minister Mallu Bhatti Wickremarka said that the people’s government will implement the promise of giving Rs 12,000 per year to landless laborers from January 28 and the first installment of Rs 6,000 will be distributed on the day Congress celebrates its foundation day.
Addressing the media in Khammam on Sunday, Mr Wickremarka, who holds the finance and energy portfolio, accused BRS working president and Sirilla MLA KT Rama Rao and Siddipet MLA T Harish Rao of running a disinformation campaign against the Congress. Government.
are forced to take loans
For 10 years, the BRS rulers looted the state by taking huge loans in the name of various projects including the Kaleswaram Lift Irrigation Project (KLIP), he alleged, forcing the Congress government to take loans to repay outstanding loans. After BRS Govt.
Reading out the figures, he said, “The Congress government borrowed ₹ 54,118 crore this year under the Fiscal Responsibility and Budget Management (FRBM) norms to repay old loans borrowed during the BRS regime, totaling ₹ 66,782 crore with interest.”
He said that soon after coming to power, the Congress government issued a white paper detailing the economic status of the state. After the formation of Telangana state in 2014, the BRS government took a direct loan of ₹ 72,658 crore and the borrowing has increased to ₹ 3,89,673 crore by 2024, he alleged citing statistics.
The previous BRS regime had raised ₹ 5,893 crore in the name of various corporations during its tenure through its guarantee and these loans would reach ₹ 95,462 crore by 2024, he said.
He reiterated that despite the difficult economic situation, the Congress government spent ₹ 50,953 crore on agriculture and farmers’ welfare in a year. The people’s government spent 7625 crores for Rithu Bharosa, 21000 crores for loan waiver, 1514 crores for Rithu insurance premium, 11270 crores for subsidy on agricultural pump sets, 9795 crores for irrigation. He added.
1.2 lakh crore was spent on KLIP by the previous BRS disbursement claiming to increase agricultural yields. But Telangana achieved a record paddy production of 153 lakh metric tonnes this season using old irrigation projects built during previous Congress governments apart from KLIP, he asserted.
published – December 15, 2024 09:16 PM IST