calender_icon.png 22 February, 2025 | 11:31 PM

‘TG turned into debt-ridden state from revenue surplus’

14-02-2025 12:00:00 AM

Constructing 2,605 km of NH, four green corridors under Bharatmala in the state and added that they had allocated a budget allocation of Rs 5337 crore to Telangana

Metro India News | new delhi

Union Finance Minister Nirmala Sitharaman has made some critical comments on Telangana State's economy. She alleged that revenue surplus Telangana State had now been turned into a debt-ridden State. 

During  a debate on the budget in the Rajya Sabha, Nirmala Sitharaman said at the time of bifurcation of AP, Telangana was a surplus budget State, but now it had become a debt ridden State while making it clear that she is not blaming any party. “The Modi government had earlier set up a railway station in Medak constituency, where Indira Gandhi won.

It was the Modi government that revived the Ramagundam fertilizer factory. We have increased the capacity of fertilizer production to a record 12.7 lakh metric tonnes. The Prime Minister is credited with setting up a turmeric board in Nizamabad. Nizamabad is an amazing turmeric cultivating region. The Central government has decided to set up an industrial corridor in Zaheerabad to provide a scientific hub to Telangana.

We have sanctioned Warangal PM Mitra Kakatiya Mega Textile Park, Sammakka Sarakka Tribal University, AIIMS in Bibinagar to the State,” she said. She also said they were constructing 2,605 km of National Highways, four green corridors under Bharatmala in the State and added that they had allocated a budget allocation of Rs 5337 crore to Telangana for the development of railways.