Hyderabad Metro Phase-I is now under Telangana government ownership, but delayed refinancing funds have sparked a political battle with the Centre. Here's a complete breakdown of the takeover, funding challenges, Metro Phase-II plans, and what it means for Hyderabad's future.
Telangana’s finances are under severe strain, with revenue mobilisation faltering and borrowings overshooting sanctioned limits. The Congress government has sought Rs 1.3 lakh crore in grants and project approvals from the Union government, alongside aggressive borrowing plans.
