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KCR on Modi govt. debt; wasteful expenditure? - ABN

Wed, Mar 21, 2018, 02:25 PM
KCR flayed Bharatiya Janata Party (BJP) members in Telangana Assembly and Council, for making baseless allegations against the Telangana Rashtra Samithi (TRS) government of making the state economy debt-ridden. Reeling out the figures of Union Budget 2018-19, he said that Modi government at the Centre is paying at least one third of its annual GDP on debt servicing. Can we call this wasteful expenditure, he questioned. Telangana has growth rate of 22 per cent and its debt servicing is just 21 per cent, which has not been achieved by any other state, he said.
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