Top

KTR hits back at Jayaprakash Narayana, explains cost of Kaleshwaram project

KTR hits back at Jayaprakash Narayana, explains cost of Kaleshwaram project
Highlights

KTR took potshots at Loksatta chief Jayaprakash Narayana who said the project cost of Kaleshwaram will turn out as a burden to the people of Telangana

KTR took potshots at Loksatta chief Jayaprakash Narayana who said the project cost of Kaleshwaram will turn out as a burden to the people of Telangana.

JP expressed regret over the tax payers and poor people who will bear the burden of Rs 1.2 lakh crore which he said was the project cost.

Reacting to Jayaprakash tweet, KTR made it clear that the cost of Kaleshwaram project is Rs 80,190 crore which is to be treated as an investment, not as debt.

The project which is being constructed with 160 TMC storage capacity will provide irrigation water to 38 lakh acres of agricultural land and is a reasonably low GSDP to debt ratio of 20 % Telangana as a fast-growing state is fiscally prudent, KTR said.

Show Full Article
Print Article

Download The Hans India Android App or iOS App for the Latest update on your phone.
Subscribed Failed...
Subscribed Successfully...
Next Story
More Stories