Archive · 14 Sep 2026
Revanth Credits Rosaiah With Telangana’s ₹16,000 Crore Surplus
Chief Minister Revanth Reddy praised former leader K. Rosaiah.
He said Rosaiah helped manage money carefully before Telangana was formed.
Revanth said Telangana had ₹16,000 crore left over when it was created in 2014.
He remembered Rosaiah giving him advice when he was a young politician.
Some people criticized putting Rosaiah’s statue in Hyderabad because of his connection with Andhra Pradesh.
Revanth said Rosaiah had lived in Hyderabad for 40 years and regarded it as his home.
Revanth also praised the Arya Vysya community and Mahatma Gandhi.
He promised government help to build the community’s Atma Gourava Bhavanam.
Chief Minister A. Revanth Reddy credited K. Rosaiah’s financial management with leaving Telangana a ₹16,000 crore surplus at its formation on June 2, 2014.
Revanth said Rosaiah remained finance minister of undivided Andhra Pradesh through changes in chief ministers and was supported by the Congress party.
The Chief Minister recalled Rosaiah advising him to show restraint and encouraging his future political career.
Revanth defended installing Rosaiah’s statue in Hyderabad, saying Rosaiah considered the city his home and that prominent leaders transcended regional boundaries.
At the Arya Vysya Atma Gourava Bhavanam foundation ceremony, Revanth promised government assistance and praised the community’s contributions and dignity.
- Who
- Chief Minister A. Revanth Reddy, former leader K. Rosaiah, Mahatma Gandhi, and the Arya Vysya community.
- What
- Revanth credited Rosaiah with Telangana’s ₹16,000 crore surplus at bifurcation and promised assistance for the Arya Vysya Atma Gourava Bhavanam.
- When
- The reports place the foundation-stone event on Saturday or Sunday; the surplus was cited as existing on June 2, 2014.
- Where
- Uppal Bhagayat in Hyderabad, Telangana.
- Why
- Revanth was honouring Rosaiah’s legacy, recognising the Arya Vysya community, and supporting construction of its community building.
Government’s Rationale
Critics’ Concern
Rosaiah’s statue in Hyderabad
Government’s Rationale
Revanth Reddy said Rosaiah deserved to be honoured in Hyderabad because he lived there for 40 years, considered it his home, and represented a legacy beyond regional boundaries.
Critics’ Concern
Critics questioned the statue’s installation because Rosaiah was associated with Andhra Pradesh after the state’s bifurcation.
- Speaker
- Chief Minister A. Revanth Reddy
- Leader honoured
- Former chief minister and finance minister K. Rosaiah
- Surplus cited
- ₹16,000 crore at Telangana’s formation on June 2, 2014
- Rosaiah’s role
- Finance minister of undivided Andhra Pradesh for 16 years, according to Revanth
- Event
- Foundation-stone ceremony for the Arya Vysya Atma Gourava Bhavanam
- Location
- Uppal Bhagayat, Hyderabad
- Government commitment
- Assistance for construction of the Arya Vysya Atma Gourava Bhavanam
- Timing discrepancy
- One report identifies the event as Saturday, while another identifies it as Sunday
