MLC Kavitha demands white paper on Telangana finances

Bharat Rashtra Samithi (BRS) MLC Kalvakuntla Kavitha has launched a sharp attack on the Congress-led Telangana government, demanding a white paper detailing the state’s revenues, liabilities, and debt.

Speaking at Telangana Bhavan, Kavitha accused Chief Minister A. Revanth Reddy of misleading the public with “white lies” about the state’s financial condition to cover up administrative failures.

1.52 lakh Crore debt but No delivery?

Kavitha alleged that the Congress government has borrowed approximately Rs 1.52 lakh crore in just 15 months but failed to deliver on its major electoral promises.

“In 15 months, Rs 1.5 lakh crore has disappeared with no trace of benefit to the people. Where has this money gone?” Kavitha questioned.

She cited unfulfilled schemes such as:

1. Rs 2,500 monthly assistance for womenDistribution of 10 grams of gold under the Kalyana Lakshmi/Shaadi Mubarak scheme.
2. Free electric scooters for young women
3. 4,000 social security pensions

#TGIIC has been converted from Pvt Ltd Company to public limited, #BRS #MLC #Kavitha asks why 1.75lakh acres lands are being put up in stock exchange & what’s the future of the lands pic.twitter.com/eEvSwQX46y

— shinenewshyd (@shinenewshyd) May 12, 2025

No money but comparisons with New York?

Kavitha rejected CM Revanth Reddy’s claims of a financial crisis, pointing to RBI data that shows Telangana earns Rs 18,500 crore in monthly revenue, with Rs 12,000 crore available after salaries and recurring expenses. She questioned the contradiction in the Chief Minister’s statements:

“He says there isn’t Rs 500 crore to spare for capital projects, yet compares Telangana’s development to New York. How can a state that can’t spend Rs 500 crore compete with New York?”

Kavitha also accused Revanth Reddy of inflating Telangana’s debt figures, claiming he exaggerated the outstanding debt to Rs 8 lakh crore. She countered this with Union government data presented in Parliament, which put the debt at Rs 4.42 lakh crore for 2024–25.

“The Congress came to power on a foundation of lies and continues to mislead the public,” she said, demanding an apology for allegedly misrepresenting financial data on the Assembly floor.

Kavithas said that the BRS is now considering a privilege motion over the matter.

Defending the BRS’s track record, Kavitha stated that during its 10-year rule under K. Chandrashekar Rao, the government borrowed Rs 4.3 lakh crore (including Rs 38,000 crore by corporations) but created over Rs 50 lakh crore in wealth. She accused the Congress of damaging Telangana’s national image by painting a false picture of financial distress.