Poor revenue collections and rising debt forcing the State to resort to last-ditch efforts to stay afloat; in last three financial years, Telangana realised average revenue receipts of 77 per cent by March-end
The Board needs to pay pending electricity bills worth Rs 5,500 crore and previous loans of Rs 1,847 crore; Chief Minister wants action plan to overcome crisis
Hyderabad: The Comptroller and Auditor General (CAG), in its latest report, raised a red flag over the union government’s increased debts and revenue deficit during the pre-Covid period. The Centre has been advised to immediately draw a specific plan for reduction of its debt to minimise expenditure on debt servicing and consequently, make more of […]
