Summary:
In order to fulfil electoral promises made by K Chandrasekhar Rao, the government needs 2.5 lakh crore per year. Therefore, the overall budgetary requirement for Telangana will be nearly 2.5 lakh crore,” he said, adding that Telangana has a debt of over 2.5 lakh crore and nearly 15,000 crore was being paid as interest towards those loans. Expenditure on revenue and capital account will also rise to nearly 1.25 lakh crore per year. HYDERABAD: Telangana Congress spokesperson Syed Nizamuddin on Wednesday demanded the TRS government release a white paper on the financial status of the state.Addressing a press conference, Nizamuddin said the financial position of Telangana was in bad shape with huge gap between revenue and expenditure. However, the present revenues were less than 1.5 lakh per annum.“In addition to regular expenditure, the spending of the state on several projects and in sectors will double from the 2019-20 fiscal..