Telangana Chief Minister Revanth Reddy has been making atrocious feedback earlier than the media. Telangana is a Income Surplus State after the State Bifurcation and now it has come right down to the Chief Minister urgent the Panic Button.
Revanth Reddy repeatedly mentions that the earlier BRS authorities pushed the state right into a quagmire of debt.
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In accordance with the Chief Minister, the state wants 22,500 crores on the primary of each month, and at present the state’s revenue is barely Rs. 18,500 crores monthly. Rs 6,500 crores are being spent on salaries and Rs 6,800 crores on curiosity.
The CM mentioned that paying curiosity on the loans taken by the earlier authorities and salaries of presidency workers alone value Rs. 13,000 crores each month. He mentioned that the remaining 5 thousand crores needs to be used for welfare and improvement, however the bills are growing daily.
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Revanth Reddy wants one other 4,000 crores for the implementation of guarantees.
Within the wake of RTC Workers threatening to go on a strike, Revanth Reddy made some stringent feedback the opposite day.
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“Even should you lower me in half, I cannot offer you a single rupee. We aren’t getting loans. If we go for a mortgage, banks deal with us like thieves. Even the Union ministers should not giving appointments,” Revanth Reddy mentioned.
We have no idea the technique behind making such statements, but when there’s any such technique, it’s baffling.
The Chief Minister himself is portray a poor image of his state and its funds.
This is not going to solely make the monetary organizations cautious but in addition dent the picture of the state within the eyes of the buyers.
Additionally, it’s a poor technique politically.
Revanth Reddy thinks individuals will purchase the argument that KCR destroyed the state’s funds.
However then, the messaging shouldn’t be nice for the Aam Admi.
Throughout the earlier Authorities, there have been no points in any respect for the Welfare and Improvement. It might be true that the KCR Authorities exhausted all mortgage limits, leaving nothing for Revanth Reddy.
However within the eyes of the frequent man, it’s like all the things is nice throughout KCR’s regime, and Revanth Reddy is struggling to maintain up his guarantees.
Political Events and successive Governments down the South have killed the rationale of the voters a way back. They fed individuals too many guarantees and freebies a lot that the individuals stopped understanding actuality.
After promoting the goals earlier than the elections, if Revanth Reddy desires to promote the fact to them, it’s unattainable.
Additionally, there’s quite a lot of inconsistency in what Revanth Reddy is saying.
Solely a few days in the past, he mentioned he took one and a half years to plan the welfare schemes, and he’ll begin concentrating on implementing them now.
However this story of struggles has come up in lower than per week.
In politics, it’s all about posturing. Revanth Reddy has accomplished that very poorly on this Episode.
Revanth Reddy, if he has a strategist, ought to instantly fireplace him. If he’s his personal strategist, then God save him and the Congress Social gathering.