'Declare Financial Emergency'

Published: 02nd October 2015 04:25 AM  |   Last Updated: 02nd October 2015 04:25 AM   |  A+A-

HYDERABAD: The Telangana Congress on Thursday demanded declaration of financial emergency in the state and sought immediate release of a white paper on the state finances.

The demand came in the wake of chief minister K Chandrasekhar Rao stating in the Assembly that the state had no money for the one-time waiver of farmers’ loans.

In a press statement, TPCC chief official spokesperson Dasoju Sravan said that the government has inflated all budgetary figures to show that the small state of Telangana has larger than life size budget.

The adjournment of Assembly till Monday was a ploy to avoiding facing Congress party’s inconvenient questions.

Normally, Assembly is adjourned for ten minutes to one hour only to strike rapprochement between the treasury and opposition benches. This type of declaring holiday, when the life of thousands of farmers is hanging in balance, is unheard of, he said.


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