Hyderabad: Telangana Jagruthi president K. Kavitha on Tuesday criticised the Congress government over Telangana fiscal health, alleging that the state had entered an unsustainable debt cycle.
Referring to findings of the Comptroller and Auditor General, she described the situation as alarming. She said the trends reflected systemic financial mismanagement by the government.
Kavitha recalled that Congress leaders had promised to create wealth and support the poor before elections. However, she said the government relied heavily on borrowings instead of fulfilling those assurances.
Telangana fiscal health concerns over rising debt and borrowings
Kavitha said the government resorted to borrowing from the Reserve Bank of India on most days during the 2024–25 financial year. She termed this pattern a serious concern for Telangana fiscal health.
She pointed out that the state raised ₹1.30 lakh crore in loans within a year. According to her, such borrowing indicated weak fiscal discipline.
She also said the CAG report showed that ₹6,000 crore remained unpaid even after the financial year ended. Despite earning about ₹12,000 crore in monthly revenue, she said the government failed to maintain a minimum daily balance.
Moreover, she alleged that the state’s total debt rose to ₹8.65 lakh crore. She claimed this translated to a burden of nearly ₹9 lakh per household, raising further concerns over Telangana fiscal health.
Telangana fiscal health debate extends to farmer distress
Kavitha said the government continued to present a surplus budget despite rising debt. She called this a misleading claim that masked the real condition of Telangana fiscal health.
She urged the government to move away from publicity-driven governance. Instead, she called for corrective measures to restore fiscal stability and improve financial management.
In addition, Kavitha highlighted the impact of recent untimely rains on farmers. She said districts such as Jagityal, Karimnagar, Siddipet and Nirmal reported crop damage at a critical stage.
She urged the government to conduct immediate damage assessments. She also demanded that compensation and relief reach affected farmers without delay.
The remarks, she said, reflected wider concerns about governance and accountability linked to Telangana fiscal health.