Posted 12/30/2023, 11:36:03 AM
Telangana Congress Faces Fiscal Hurdles to Deliver on Costly Election Guarantees
- Congress faces fiscal challenges in Telangana to fulfill election guarantees due to debt inherited from previous government
- Six guarantees alone estimated to cost over Rs 2 lakh crore annually, total promises may require Rs 3 lakh crore
- White paper presented grim picture of finances; revenue barely covers expenditures
- Opposition alleges Congress making promises without fiscal planning
- Revanth Reddy confident of overcoming challenges, fulfilling promises by ending corruption