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The Hindu
The Hindu
National
The Hindu Bureau

BRS mismanaged the economy: Chidambaram

Senior Congress leader Chidambaram charged the BRS government with mismanaging the economy, leaving the State in debt of ₹3.66 lakh crore in 2022-23 and the State’s debt has increased by 404% since 2014 when Telangana was formed.

This has resulted in the per capita debt increasing to ₹ 96,316 and led to stalling the flow of funds for welfare schemes, he said at a press conference here. Further alleging that education and health sectors were neglected, he said the budget allocation in 2023-24 for education was 7.6% as against the national average of 14.8%. Allocation for healthcare was just 5% while the national average was 6.3%.

He claimed Telangana State has the highest rate of inflation in the country and the fuel prices are the highest in the country. The government has failed in its role to control inflation and job creation.

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