Hyderabad: Labour and Employment Minister Vivek Venkataswamy has held the BRS and the Kalvakuntla family responsible for Telangana’s current financial distress. He accused them of plunging the state into an ₹8 lakh crore debt through a decade of corruption.
Addressing Congress leaders from the Medak Municipality, Venkataswamy said the Congress government is actively working to reverse the fiscal damage caused under BRS rule. He claimed that the BRS, under former Chief Minister K. Chandrashekhar Rao, misused public funds for personal gain.
“They demanded commissions for every project to expand their family and party wealth,” he alleged. Venkataswamy further stated that the BRS currently holds ₹800 crore in deposits. Industrialist Megha Krishna Reddy, he claimed, had contributed ₹400 crore to the party through electoral bonds.
BRS accused of enriching family while neglecting housing
The Minister said the BRS government failed to deliver on its promise of providing double-bedroom homes to people with low income. Meanwhile, he noted, members of the Kalvakuntla family including Rao’s son, daughter, and son-in-law constructed sprawling farmhouses on large landholdings.
“No one is disputing Kavitha’s statements because every word she said is true,” Venkataswamy remarked, referring to recent admissions by BRS MLC K. Kavitha.
He pointed out that Telangana’s income is just ₹1 lakh crore annually, while the debt left behind by the BRS makes even interest payments unmanageable. “They destroyed a prosperous state,” he said.
Venkataswamy expressed confidence in the Congress’s chances in the municipal polls. He predicted an 80 percent win rate for the party across Telangana and a 90 percent success rate in Medak.