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Lend rich Telangana money for hassle free repayment: KCR to Jaitley
Highlights
It appears that an interesting conversation took place between Telangana Chief Minister K. Chandrasekhar Rao and Union Finance Minister Arun Jaitley over the loan increment from the Centre.
It appears that an interesting conversation took place between Telangana Chief Minister K. Chandrasekhar Rao and Union Finance Minister Arun Jaitley over the loan increment from the Centre. The duo discussed in detail the issues of the central government's help for the state's development and allocation of funds under various central schemes in New Delhi on Tuesday.
The Telangana CM urged the Centre for more funds and also sought help for more allocations for several TRS government's schemes including Mission Kakatiya and Jalaharam. During the discussion, Arun Jaitley reportedly asked KCR as to why he was seeking more loans despite Telangana being a richer state.
KCR's reply to this has become the talking point in political circles. He reportedly told the Union Finance Minister to grant loans to Telangana as it is a richer state and there will be no problems. There will be a problem if loans are given to the states which are cash strapped and there will be no complications if loans were given to Telangana as it is a richer state. He also told several banks including Bricks Banks are willing to give loans to the state.
By G Anjali
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