Seethakka Rebuts KTR’s Debt Accusations

Hyderabad, Oct 17 (Maxim News): In response to BRS working president K.Tarak Rama Rao‘s accusations that Chief Minister Revanth Reddy has accumulated a record-breaking Rs. 80,500 crore in loans in just ten months, Minister for Panchayat Raj Seethakka took to X to issue a sharp rebuttal. She pointed out that it is the previous regime led by KTR’s party that pushed the State into a situation where new loans had to be taken just to pay the interest on existing debts.

Click Here To Join Us On WhatsApp

She fired back, stating that KTR’s government inherited and perpetuated the cycle of debt. Seethakka further highlighted that during the nine and half years of BRS rule, the State incurred loans amounting to a staggering Rs. 7 lakh crore. The Minister countered KTR’s claims by stating that every day, Rs. 207 crore from the public exchequer is being spent just to pay the interest and installments on these loans, which averages Rs. 6,000 crore a month.  (Maxim News)


More Stories :

  • Telangana Achieves Rare National Record In Paddy Production

    Telangana Achieves Rare National Record In Paddy Production

    Telangana has achieved a rare national milestone in paddy production during the Kharif season, recording an exceptional yield of 153 lakh metric tonnes across 66.77 lakh acres. This production level is unparalleled, both in the history of undivided Andhra Pradesh and in the post-formation years of Telangana. 


  • Hyderabad Task Force Arrested Eight People Selling Adulterated Ginger Garlic Paste

    Hyderabad Task Force Arrested Eight People Selling Adulterated Ginger Garlic Paste

    The Hyderabad Commissioner’s Task Force (North) team caught eight persons who were allegedly preparing adulterated ginger garlic paste and selling it in the market. The sleuths seized huge quantities of garlic, ginger, boxes, garlic ginger paste and other articles from them.


  • Bahubali Main Gate At Telangana Secretariat Removed

    Bahubali Main Gate At Telangana Secretariat Removed

    The Bahubali main gate (main entrance) at the Secretariat has been removed, leaving many people surprised. The main entrance passage at the Secretariat was blocked with blue tin sheets on Sunday.


  • Onion Prices Surge To Rs. 80 Per Kg In Hyderabad

    Onion Prices Surge To Rs. 80 Per Kg In Hyderabad

    Onions are back to bring tears to the eyes of consumers with their prices. The prices of onion have again hit the roof, with a kilogram of the edible bulb sold at Rs. 80 in retail markets across the city. The prices which until a week ago hovered between Rs. 30 and Rs. 40 a…


Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe.  Click to follow Indtoday’s Facebook pageTwitter and Instagram. For all the latest Hyderabad News update

Leave A Reply

Your email address will not be published.