Tax revenue, the primary contributor, has also seen a dip in performance, achieving just Rs 1.02 lakh crore, which is around 62.07 per cent of the targeted Rs 1.64 lakh crore, compared to 65.37 per cent last year
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.
To further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance companies during the current quarter
