"debt"

In just 15 months, the Congress government in Telangana has shattered all records, accumulating a staggering Rs 1,52,918 crore in debt - a financial burden that will weigh heavily on future generations

Reports indicate that Naik, distressed by mounting debts, went to his fields in the morning and consumed pesticide. Farmers in nearby fields found him unconscious and rushed him to the government hospital, where he was declared dead on arrival.

He pointed out that the debt accumulation of the Congress government surpassed that of debt passed on to Telangana from a 60-year-old erstwhile Andhra Pradesh.

During a press conference on Sunday, Kishan Reddy highlighted the concerning increase in total liabilities, unsustainable debt repayments, and escalating debt service burden, which reflect Telangana's fragile financial health. He emphasized that it is the State government's duty to inform the public about the financial condition of the State.

"Every day, Revanth Reddy complains about the state's rising debts, yet he is pursuing expensive initiatives like the Musi Riverfront project, which many consider unnecessary," he said, questioning the rationale behind the state government's plans.

Police said D Parushuramulu (42) borrowed some Rs 1.20 lakh from his younger brother Kanakaiah a year ago. Parushuramulu paid back Rs one lakh four months ago, but could not pay the remaining Rs 20,000 and interest amount.

He noted that accumulating such a large debt in a short period is unprecedented in Telangana's history and warned that if this trend continues, the state's debt could reach Rs 4-5 lakh crore by the end of the Congress government's term.

The meeting was attended by Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs).

India's external debt rose marginally to USD 629.1 billion at June-end 2023, although the debt-GDP ratio declined

With general elections round the corner and the Yogi Adityanath government pushing populist schemes, financial experts feel that the debt could rise further

The major repayments in the next three years are to Chinese financial institutions, private creditors and Saudi Arabia

The total outstanding debt of the State stood at Rs 2,83,452 crore at the end of 2021-22

JSPL said it has reduced its debt by more than Rs 20,000 crore from a peak of approximately Rs 46,500 crore in 3QFY17 to Rs 25,600 crore as reported in 3QFY21

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Of the Rs 7,300 crore shortfall in target, the company aims to address around Rs 4,200 crore in Q3 FY21