Initiating the debate on State Budget for 2016-17 in Telangana Legislative Council on Wednesday, Shabbir Ali accused the TRS Government of being unrealistic in dealing with State’s finance. Hyderabad: Leader of Opposition in Legislative Council Mohammed Ali Shabbir warned that the show off and insane borrowing of loans by TRS Government would hurt the interest of Telangana State. He said after the moratorium period of two years, the Telangana State would be forced to spend Rs. 1.05 lakh crore. Shabbir Ali also disputed the projections of Telangana achieving growth rate of 11.7%.
Hyderabad: Leader of Opposition in Legislative Council Mohammed Ali Shabbir warned that the show off and insane borrowing of loans by TRS Government would hurt the interest of Telangana State. Initiating the debate on State Budget for 2016-17 in Telangana Legislative Council on Wednesday, Shabbir Ali accused the TRS Government of being unrealistic in dealing with State’s finance. He said as against the budget of Rs. 1 lakh crore for 2014-15, only Rs.
62,000 Cr were spent. Similarly, Finance Minister Eatala Rajender presented a budget of Rs. 115,689 Cr for 2015-16.
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