Dismissing the white papers offered by the federal government within the Meeting as utter lies, the BRS working president Ok.T. Rama Rao tried to set the document straight presenting his set of figures on money owed acquired from the Comptroller and Auditor Basic (CAG) and NITI Aayog stories.
In a presentation titled ‘Sweda Patram’ (Doc of Sweat) on the Telangana Bhavan on Sunday, the previous IT Minister ridiculed the federal government’s declare of ₹6,71,757 crore money owed and stated the precise determine was ₹3,17,015 crore. The federal government has conveniently suppressed figures or used them to its benefit than presenting the factual report.
Mr. KTR urged the federal government to not belittle the achievements of Telangana and within the course of destroy its picture. “You cannot portray Telangana as a failed state when it is on top of all the charts on several parameters in several sectors,” he stated.
Contradicting the federal government’s figures, he stated as per the Fiscal Duty and Budgement Administration (FRBM) Act norms Telangana’s whole debt was ₹3,89,673 lakh crore. Of this, ₹72,658 crore was inherited from the mixed Andhra Pradesh in inhabitants ratio. For those who take away this determine the precise loans taken by the BRS authorities stood at ₹3,17,015 crore solely.
Alleging that the Congress authorities was making an attempt to belittle the achievements of KCR authorities and his picture, he stated the federal government intentionally clubbed government-guaranteed and non-guaranteed loans collectively, to reach at exaggerated figures. The federal government-guaranteed loans raised by Particular Objective Autos (SPVs) however serviced by the federal government had been ₹1,27,208 crore.
The loans assured by the federal government and serviced by SPVs had been ₹95,462 crore whereas the loans that weren’t assured raised and serviced by SPVs, Firms and Establishments had been ₹59,414 crore. All these are clubbed to reach at a better determine of money owed by the federal government, he claimed.
Mr. KTR additional stated that ₹56,000 crore mortgage within the Civil Provides Company incorporates the cash obtained for paddy buy funds to farmers which is repaid instantly after the paddy sale. Furthermore, the paddy inventory value ₹30,000 crores was in godowns. So, the mortgage in civil provides was simply ₹21,029 crore, he stated.
The previous Minister stated the White Paper offered within the Meeting itself talked about ₹13.72 lakh crore spent through the BRS regime within the final 10 years whereas the determine was simply ₹4.98 lakh crore within the final 60 years indicating how Telangana benefitted being a separate state.
Energy sector
Mr. KTR stated the whole expenditure within the Energy sector was ₹1,37,517 crore within the BRS regime however the current worth of the property created was ₹6,87,585 crore, which is 5 instances increased. Energy manufacturing capability was 7,778 MW when Telangana was fashioned whereas it’s 19,464 MW as we speak. How can investments on this be a debt, he requested.
Agriculture Sector
Mr. KTR argued that ₹36,899 crore spent yearly for twenty-four hour free electrical energy, ₹30,000 crore mortgage waiver for 58.29 lakh farmers, ₹73,000 crores disbursed for Rythu Bandhu and ₹1,34,768 crore value of grain procured in 9 years (723 lakh metric tonnes) are all property and never money owed. These investments ensured cultivation land elevated to 2.68 acres yearly from 1.31 crore acres and the grain manufacturing rising from 68 lakh tonnes to 350 lakh tonnes.
Irrigation Sector
Stating that the whole outlay within the Irrigation sector was ₹1,76,000 crore the place reservoirs value 204 TMCs had been constructed together with in reservoirs in Kaleshwaram, Palamuru Rangareddy and Sitarama initiatives. This funding introduced in stability for 50 lakh acres of cultivated land and a further 30 lakh acres will likely be introduced within the subsequent three years. Minor points within the Kaleshwaram undertaking can not undermine its utility and the current authorities ought to benefit from the services created and enhance additional, he stated.