BRS ridicules Congress government’s Telangana Rising campaign
BRS social media convener Y Satish Reddy ridiculed the Congress government's Telangana Raising campaign, stating that the State was not rising, but regressed in the first year of Congress rule. He said Telangana registered a record low in investments, establishment of industries, and jobs creation in last one year.
Published Date - 3 December 2024, 09:36 PM
Hyderabad: BRS social media convener Y Satish Reddy ridiculed the Congress government’s Telangana Raising campaign, stating that the State was not rising, but regressed in the first year of Congress rule. He said Telangana registered a record low in investments, establishment of industries, and jobs creation in last one year.
Speaking at Telangana Bhavan on Tuesday, Satish Reddy presented data to highlight the State’s economic decline. He said Telangana attracted 1,500 industries in 2015 under the TS-iPASS policy, which shot upto 2,600 last year, compared to just 1,200 so far this year. During the same period, industrial investments dropped from Rs 28,000 crore in 2015 to Rs 8,468 crore in 2023. “Telangana has gone back ten years in just ten months,” he remarked.
Job creation also took a hit, with only 34,000 jobs created this year compared to an annual average of 1.8 lakh over the last decade. He said this figure was even lower than the 94,000 jobs generated in 2015, calling it “raising and reversing.”
Satish Reddy stated that the budget deficit has ballooned from Rs 5,000 crore last year to Rs 35,000 crore now, questioning why welfare schemes remain underfunded despite mounting debts. He warned that unless corrective action is taken, Telangana risks sliding back to struggles it faced decades ago.