BRS leader T. Harish Rao addressing a press conference in Hyderabad on March 16, 2025.
| Photo Credit: Special Arrangement
The Bharat rashra samithhi (BRS) has alleged that Chief Minister A. Revanth Reddy spoke blatant lies in the matter of State’s debt, borrowings, Krishna water, crop loan waiver and other issues in the Legislative Assembly and Council on Saturday (March 15, 2025) .
Addressing a press conference on Sunday (March 16, 2025), BRS leader T. Harish Rao said that all the statistics revealed by the Chief Minister were wrong and misleading. Citing Reserve Bank of India (RBI) statistics, Mr. Harish Rao said the total loans borrowed under FRBM (Fiscal Responsibility and Budget Management) limits till March 31, 2024 were ₹3,89,673 crore, the borrowings under FRBM limits as on June 2, 2014 were ₹72,658 crore and the borrowings from December 7, 2023 to March 31, 2024. Thus the net borrowings by the BRS Government from June 2, 2014 to December 7, 2023 amount to ₹3,01,897 crore.
Similarly, the government guarantees serviced as of December 7, 2023 were ₹1,27,208 crore, while they stood st ₹11,609 crore as on June 2, 2014. Thus the guarantees serviced by the government between June 2, 2014 and December 7, 2023 amount to ₹1,15,599. Together, the FRBM loans and government guarantees serviced by the BRS Government between June 2, 2014 and December 7, 2023 would arrive at ₹4,17,496 crore and not ₹6.69 lakh crore as stated by Mr. Revanth Reddy.
Krishna water issue
On the Krishna water issue, Mr. Harish Rao said it was based on the existing projects in the Telangana and rest of Andhra Pradesh region the water utilisation in the 299:512 tmc ft was going on in combined AP and followed after bifurcation as a temporary arrangement till the finalisation of shares. On the expansion of Pothireddypadu head regulator, he said TRS had come out of Y.S. Rajasekhara Reddy Government on July 4, 2005 and the GO for expansion was issued on September 13, 2005.
On the YouTube channels’ menacethe BRS leader said it was Mr. Revanth Reddy who had encouraged, bred and buttered them when in the Opposition and now, he was opposing them when they are hurting him.
Published – March 16, 2025 08:25 PM is
