Just few days back, the High Court has suggested the Telangana government to think about the needy people instead of gifting woofing amounts to sports persons and investing on entertainment sector. It made this suggestion responding to a petition in connection with farmers’ suicides due to financial problems.

 

Etela Rajender, the finance minister of Telangana state, who attends in the finance ministers’ meeting held by the Union Finance Minister Arun Jaitley yesterday at New Delhi, has appealed him to release funds due to the state government as the situation is not that good. Telangana government appeals the Centre to relax the norms to avail loans from the banks to meet the situation.

 

But, CM KCR has been liberally announcing huge projects and welfare schemes as if he is unaware about the financial situation of his government. His projects includes Mission Kakateeya, high rise towers around Hussein Sagar Lake, Cleansing of Hussein Sagar lake, world’s tallest building at Indira Park, developing Yadagiri Gutta in par with Tirupati, constructing tallest statue of Lord Hanuman there, building Express ways, Sky Ways across Hyderabad city, extension and realignment of Hyderabad metro rail project, setting up thermal power plants, constructing Cinema City, Sports city, Education City, Textile park at Warangal and hundred other things that needs more than a couple of lacks of crores to completion. In the meantime, Telangana government has to spend thousands of crores to obtain power from other states.

 

In this prevailing situation, CM KCR has granted an amount of Rs.50, 000 per month to each MP of the state for providing vehicle, security and other facilities. There are total 17 Loksabha MPs and 7 Rajyasabha MPs in the state. So, it will cost the government Rs. 12, 00,000 per month and 1.40 crores per annum.