TRS govt pushing State into debt trap: Bhatti - News Summed Up

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TRS govt pushing State into debt trap: Bhatti


He was speaking on the Telangana Appropriation Bill moved by Finance Minister T.Harisha Rao in the Legislative Assembly here on Monday. In the State’s own tax and non-tax revenue, the shortfall will likely be around ₹25,000 crore, he said. The State might be forced to spend its borrowings to meet revenue expenditure rather than the capital expenditure and this could push the State into a debt trap. If the Opposition made wild allegations, the ruling party would also give political reply as people would watch everything. The TRS Party never said it would give 50 lakh jobs and only promised one lakh jobs and kept its word and would give more.


Source: The Hindu March 16, 2020 15:11 UTC



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