4 days ago
BJP Accuses Congress of Pushing Singareni Toward Bankruptcy
Singareni is a coal company that supports many families in Telangana.
BJP leader S Kumar said the Congress government is not taking proper care of it.
He also blamed the earlier BRS government for exploiting and weakening the company.
Kumar said Singareni has large unpaid dues and is borrowing money to pay workers.
He argued that earlier Congress policies had once brought the company close to closure.
He credited Atal Bihari Vajpayee’s government with helping Singareni recover in the past.
Kumar said the central government has helped Singareni obtain several coal blocks.
The Congress government’s response was not included in the article.
BJP leader S Kumar accused Telangana’s Congress government of financially weakening Singareni.
He alleged that the previous BRS government diverted nearly Rs 20,000 crore from the company.
Kumar claimed Singareni’s dues under Chief Minister Revanth Reddy had reached Rs 55,000 crore.
He said the company was borrowing with interest to pay workers’ salaries.
Kumar credited Prime Minister Narendra Modi and Coal Minister G Kishan Reddy with securing coal blocks and other support for Singareni.
- Who
- BJP SC Morcha National Secretary S Kumar made the allegations against the Telangana Congress government, while also criticizing the former BRS government.
- What
- Kumar alleged that Singareni is being financially weakened and pushed toward bankruptcy.
- Where
- The briefing was held in Hyderabad, Telangana.
- When
- The allegations were made at a media briefing on Friday, August 28, 2026.
- Why
- Kumar attributed Singareni’s financial difficulties to alleged government neglect, past diversion of funds, unpaid dues, and borrowing for salary payments.
BJP’s Allegations
Reported Government Position
Singareni’s financial condition
BJP’s Allegations
S Kumar alleged that the Congress government is neglecting Singareni, increasing its dues, and forcing it to borrow money to pay salaries.
Reported Government Position
The article does not include a response from the Congress government to these allegations.
Responsibility for past problems
BJP’s Allegations
Kumar blamed earlier Congress policies for major losses and accused the former BRS government of diverting funds and pursuing private mine arrangements.
Reported Government Position
The article does not report responses from either Congress or BRS disputing or explaining these accusations.
Role of the central government
BJP’s Allegations
Kumar said Narendra Modi and G Kishan Reddy are working to protect Singareni and have helped secure coal blocks and income.
Reported Government Position
No opposing assessment of the central government’s role is provided in the article.
Key facts
- Company
- Singareni, described as central to Telangana and many working families.
- Alleged BRS diversion
- Nearly Rs 20,000 crore, according to S Kumar.
- Alleged current dues
- Rs 55,000 crore under the Revanth Reddy government, according to Kumar.
- Earlier financial crisis
- Kumar said past Congress policies placed Singareni under BIFR oversight and near closure.
- Central support cited
- Kumar credited Atal Bihari Vajpayee with initiating moratorium facilities and a financial package.
- Coal blocks mentioned
- Naini in Odisha, Tadicherla, Manuguru PKOC 2, and Koyagudem Block 3.
- Reported central income
- Approximately Rs 1.95 lakh crore, according to Kumar.
Sources
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