KCR takes up loans, repayments in Telangana Assembly

Telangana Chief Minister K Chandrasekhar Rao raised the issue of loans and repayments in the Assembly session on Monday.

Addressing the members in the Assembly, KCR said that there is a dimensional change in the philosophy of loans adding that Congress leader Jana Reddy failed to understand the same.

Stating that repayment will also be made after the loans are taken, the Chief Minister said that based on this year's budget, around Rs 20,000 crore will be made as repayment within a finicial year.

Citing the example of Nagarjuna Sagar project construction, KCR differentiated the money value of the present year to few years back and further admitted that the Telangana's economic buoyancy is good and growing.