Revanth Reddy Accuses KCR of Leaving Telangana With ₹8.11 Lakh Crore Debt – Claims Congress Government Repaid Over ₹2 Lakh Crore

Revanth Reddy Says Telangana Is Paying the Price of BRS Rule

Targeting the previous BRS government, Revanth Reddy alleged that Telangana's financial burden increased significantly during KCR's ten-year tenure.

According to the Chief Minister, the state was left with debts amounting to ₹8.11 lakh crore, creating considerable pressure on the present government.

He said nearly ₹80,000 crore was being spent every year towards debt repayments and related liabilities.

Revanth Reddy also defended his government's financial management, claiming that despite the economic pressure, government employees had been receiving their salaries on the first day of every month since January 2024.

He argued that maintaining regular salary payments while managing inherited financial obligations was one of the challenges faced by his administration.

Over ₹2 Lakh Crore Repaid in 34 Months: CM's Claim

One of the major statements from Revanth Reddy's speech was his claim that the Congress government had paid more than ₹2 lakh crore towards clearing the previous government's debts and financial liabilities in 34 months.

He maintained that his administration was trying to manage the state's finances while continuing welfare programmes and development activities.

The Chief Minister also said his government was committed to financial discipline and accused the previous administration of leaving behind financial mistakes that were now affecting Telangana's development.

However, the exact breakup of the claimed ₹2 lakh crore, including principal repayments, interest payments and other liabilities, remains important for assessing the government's claim.

BRS Hits Back, Questions Revanth Reddy's Debt Figures

The BRS leadership has rejected the Chief Minister's allegations and questioned the figures presented by him.

BRS spokesperson Dinesh reportedly challenged the ₹8.11 lakh crore figure, arguing that the state's actual outstanding debt was considerably lower.

He referred to a Union government response that reportedly placed Telangana's debt at approximately ₹4.49 lakh crore. He also questioned the claim of ₹80,000 crore in annual interest payments, citing a CAG figure of around ₹22,000 crore.

The BRS spokesperson further claimed that the debt stood at approximately ₹3.89 lakh crore when the BRS government left office in December 2023, including inherited liabilities.

These competing figures have created a major question: what exactly is included in the ₹8.11 lakh crore figure cited by the Chief Minister?

Conclusion

Revanth Reddy's latest remarks have brought Telangana's financial condition back into the centre of the Congress-BRS political battle.

While the Chief Minister blames the previous BRS government for leaving behind a massive debt burden, the opposition questions his calculations and demands clarity over the actual financial position.