KTR questions Revanth Reddy’s honesty as CAG exposes Congress lies on loan interest payments

BRS working president KT Rama Rao has accused Chief Minister Revanth Reddy of misleading Telangana with exaggerated claims about interest payments on loans taken during the BRS regime. Citing the latest CAG report, he said Congress leaders’ claims of Rs 6,000–7,000 crore monthly interest payments were false, with actual figures averaging Rs 2,361 crore.

Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao has questioned Chief Minister A Revanth Reddy’s repeated claims of the State being crushed under massive interest payments from loans taken during the BRS regime.

Criticising Revanth Reddy for repeatedly spreading false and exaggerated figures regarding Telangana’s debt and interest payments, Rama Rao on Saturday cited the latest CAG report for October, which he said completely exposed the Congress government’s ‘mathematical manipulation’ and ‘deceptive claims’.

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Demanding that the Chief Minister immediately apologise to the people of Telangana for deliberately misleading them with ‘cooked-up numbers’ and politically motivated propaganda, he said the government should immediately release full details of the Rs 2.23 lakh crore borrowed in the last 23 months and explain which schemes or projects benefitted from these massive loans. He also insisted that the government disclose details of loans raised through various corporations in the last seven months.

Rama Rao said the Congress government was using lies about interest payments to cover up its administrative failures, financial mismanagement and growing corruption.

“Congress leaders repeatedly claim that Telangana is paying Rs 6,000 crore to Rs 7,000 crore every month just towards interest. But the CAG’s latest report has proved this to be an utter lie,” he said.

“According to the CAG figures from April to October 2025, the total interest payment made by the Congress government is Rs 16,529.88 crore, which means the average monthly interest payment is just Rs 2,361.41 crore, not even half of what the Congress leadership has been claiming,” he said, adding that this exposed the Congress party’s deliberate attempt to mislead the people and deflect attention from its failures.

He also drew a sharp comparison between the BRS-era borrowing and the borrowing pattern of the Congress government. He pointed out that during 10 years of BRS governance, the total borrowing was Rs 2.80 lakh crore, and every rupee was invested into productive assets such as Mission Bhagiratha, the Kaleshwaram project, Palamuru-Rangareddy Lift Irrigation, Mission Kakatiya, major road networks and development projects. In contrast, within just 23 months, the Congress government has already borrowed Rs 2.23 lakh crore, without initiating even a single major project or adding any new infrastructure.

“There is not one visible scheme, not one major project, not one new infrastructure initiative. They have not laid even a single brick. Where has all this money gone?” Rama Rao asked, alleging that the borrowed funds were being directed towards ‘corruption networks, middlemen and political deals in Delhi’.

Telangana has been turned into a ‘Scamgress ATM’ with the State treasury being emptied for political and personal gains, he said, demanding that the government tell the people whose pockets these thousands of crores were filling, now that the interest-payment argument has collapsed with the CAG’s revelations. The Congress government is using fake numbers on interest payments as a shield to divert attention from its massive borrowing spree and corruption, he stated.

Rama Rao also demanded that Revanth Reddy issue a public apology for repeatedly lying about the State’s financial position, apart from the immediate release of details regarding the Rs 2.23 lakh crore borrowed over the last 23 months and loan details of various corporations over the past seven months. He reiterated that misleading the people and the Legislative Assembly was unacceptable and warranted a formal apology from the government.

He also slammed the Congress government for using ‘debt excuses’ to avoid fulfilling its Six Guarantees and over 420 election promises. The people would not believe the Congress party’s misleading debt figures anymore, he said, demanding that the Congress stop enriching its own leaders and instead use public money for welfare schemes, infrastructure development and the long-term future of Telangana.