Politics · India · 1 hr ago
Revanth Reddy says Telangana pays ₹80,000 crore a year on debt
Telangana Chief Minister A. Revanth Reddy says his government pays ₹80,000 crore a year to service loans taken by the previous government, led by BRS chief K. Chandrashekhar Rao.
He said the previous government left ₹8.11 lakh crore in debt, and that more than ₹2 lakh crore had been paid in the current government’s first 34 months.
Reddy said his government was giving more attention and funding to the combined Mahabubnagar district, which he said had been neglected.
He promised to bring Krishna water to Kodangal by December through the Makthal-Narayanpet-Kodangal Lift Irrigation Scheme.
With El Niño raising concerns about water, he urged farmers to avoid water-intensive crops and said the government would support them.
During a three-day visit, Reddy also launched development works worth ₹9,053 crore in Kodangal, including the lift irrigation scheme’s second phase and a road project.
Telangana Chief Minister A. Revanth Reddy said the State pays ₹80,000 crore a year to service debts left by the previous government led by K. Chandrashekhar Rao.
He said more than ₹2 lakh crore had been paid in 34 months towards debts of ₹8.11 lakh crore.
Reddy made the remarks at a public meeting in Lagacharla, in Kodangal, on November 9, 2026.
He promised to bring Krishna water to Kodangal by December through the Makthal-Narayanpet-Kodangal Lift Irrigation Scheme.
During a three-day visit to Kodangal, he laid foundation stones for development works worth ₹9,053 crore.
- Who
- Telangana Chief Minister A. Revanth Reddy.
- What
- He said the State pays ₹80,000 crore annually to service debts left by the K. Chandrashekhar Rao government.
- When
- November 9, 2026.
- Where
- A public meeting at Lagacharla in Kodangal, Telangana.
- Why
- Reddy said the previous government had raised loans indiscriminately, leaving the current government to service the debt.
This story does not have two clearly opposing sides.
Reddy laid foundation stones for development works worth ₹9,053 crore in Kodangal constituency.
Reddy undertook a padayatra from the Pollepally Yellamma temple to the meeting venue at Lagacharla.
At the public meeting, Reddy said the State pays ₹80,000 crore a year to service debts left by the previous government.
- Annual debt servicing
- ₹80,000 crore
- Debt attributed to previous government
- ₹8.11 lakh crore
- Payments over 34 months
- More than ₹2 lakh crore
- Kodangal development works
- ₹9,053 crore
- MNKLIS second phase
- ₹2,100 crore
- Radial Road-II
- ₹5,060 crore
What people are saying
More than ₹2 lakh crore has been paid in the last 34 months for the ₹8.11 lakh crore debts left behind by the KCR government. ₹80,000 crore has to be repaid every year
I will bring Krishna waters to Kodangal by December, irrespective of who tries to obstruct the project