Posted 12/6/2023, 7:46:02 AM
Telangana Congress Faces Fiscal Constraints to Fulfill Ambitious Welfare Agenda
- Congress faces financial burden of estimated 1.2 lakh crore annually to fulfill extensive election promises and welfare schemes in Telangana
- Feasibility and impact on state finances raised as concern, with capital expenditure possibly strained
- Implementation challenges highlighted for promises like free RTC bus travel for women and power subsidies
- State's fiscal limits and borrowing capacity nearly exhausted, restricting funding for new schemes
- Ability to balance welfare commitments with economic development needs poses dilemma for new Congress government