Chief Minister A Revanth Reddy made several clear acceptance and presented a disappointing picture of Telangana’s credibility. In an emotional appeal to government employees, he urged them to reconsider the threats of the strike and work in place with the state, which they described as the financial mine left by the previous Bharat Rashtra Samithi (BRS) government. Speaking at the Telangana Police Real Heroes G Awards in Hyderabad on Monday, Reddy acknowledged the increasing unrest among the employees unions over delayed salary and pending allowances. But he was clear about the fiscal state of the state. Even if you cut me into pieces, I cannot raise more than Rs 18,500 crore per month. He warned that the difference between revenue and expenditure an estimated Rs 4,000 crore – the state is pushing towards bankruptcy.
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He said that no one is lending us money. Not a single penny is being paid. Now no one believes in us. They are seeing the representatives of Telangana as if we are thieves. When we go to Delhi, no one gives us time to meet, because they feel that if they are called, we will steal their slippers. He said that the BRS government has left the Congress more than Rs 8,500 crore outstanding retirement benefits and heavy dues in the areas of electricity and infrastructure. He asked, he announced free electricity, but did not pay coal bills for Singreni collaries. Thousands of crores of rupees are owed to the contractors. He borrowed at 11% interest. Can there be anything worse than this?
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Reddy openly invited union leaders. Go with me to take the state towards development. If you have any concern, talk to the Finance Minister or Secretary. We are ready to be transparent. Amid the strike threats, Reddy urged the employee unions not to become a victim of political tricks by the opposition. Why are the employees angry? Is your fight against the people of Telangana? Do they want to go on strike because the first date of the month is not paid as before?
