Union Minister for Power R.K. Singh has accused Chief Minister K. Chandrasekhar Rao of deliberately “spreading lies” about the Centre putting up meters for agriculture pump sets and privatising public sector power units.
“The Chief Minister is going around and telling lies when the Centre said that meters should be fixed, but not for agriculture pump sets. We have also not stopped disbursal of loans to various projects, including Kaleshwaram, but if someone is lying, we will stop the rest of the money,” he thundered at a press conference in the city on Thursday.
Flanked by Union Tourism Minister Kishan Reddy, Mr. Singh read out figures to indicate the extent of loans disbursed through the Rural Electrification Corporation (REC) of about ₹1.57 lakh crore out of which ₹19,700 crore is pending while for the Power Finance Corporation (PFC) of the ₹1.10 lakh crore, ₹21,000 crore is still pending.
