Former Finance Minister T Harish Rao has warned of an economic red alert as Telangana records deflation for the second month in a row. He blamed reduced government spending, failed promises and policy errors for the State’s economic slowdown
Responding to the suicides of realtors, Harish Rao accused the Congress government of hindering Hyderabad's growth, citing its poor governance as a significant barrier to the city's real estate development. He criticized the administration for disregarding warnings from various survey agencies that had highlighted a decline in the sector over the past year and a half.
The State government has submitted proposals requesting Rs 1.63 lakh crore to fund key projects, including the Regional Ring Road, Hyderabad Metro Rail expansion, and Musi Riverfront Development, among others.
Telangana High Court directs State government to remove unauthorized constructions along Musi River, relocate affected residents, and prevent sewage contamination as part of the Musi riverfront development project.
"Though we have ideological differences with a few people but in terms of Telangana’s development, there are no other differences," Revanth Reddy said.
