3 weeks ago

Kishan Reddy Demands 50% of Hyderabad Revenue for City Development

Kishan Reddy Demands 50% of Hyderabad Revenue for City Development
Kishan Reddy: Spend 50 pc of Hyderabad’s revenue on city’s development · thehansindia.com

Hyderabad is a big city in India, and a lot of money comes from it.

A minister named Kishan Reddy said the city is not getting its fair share of money.

He said Hyderabad gives a huge part of its earnings to the state.

But he says very little of that money comes back to help the city.

He says the government spends most of the money on new technology areas.

That leaves the older parts of the city feeling forgotten.

He wants the government to spend half of the city's money on the whole city.

He also said some of the city's worker departments are running out of money.

So he asked the state's Chief Minister to help make things fair for everyone in Hyderabad.

Key facts

Speaker
G Kishan Reddy, Union Minister
Demand
At least 50% of Hyderabad's revenue for city development
Revenue contribution claimed
Hyderabad contributes 70% of Telangana's revenue
Spending on city claimed
Less than 5% of revenue
IT hub areas cited
Hitech City, Kondapur, Madhapur
Neglected areas cited
Sanathnagar, Secunderabad, Musheerabad, Amberpet, Khairatabad
Agencies in financial trouble
Greater Hyderabad Municipal Corporation, Hyderabad Water Works
Addressed to
Chief Minister Revanth Reddy (Municipal portfolio)

Quotes

Union Minister G Kishan Reddy

Union Minister for Urban Development, India

“"The government is spending Hyderabad’s revenue on Hitech City. Therefore, I urge Chief Minister Revanth Reddy, who also holds the Municipal portfolio, to spend at least 50 per cent of Hyderabad’s revenue on the city’s development."”
thehansindia.com

Sources

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