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Congress pushing Telangana towards ‘Asset bankruptcy’, alleges BJP leader Gudur

The Hindu Nov 07, 2026 at 04:10 PM IST India
Congress pushing Telangana towards ‘Asset...

AI summary

BJP leader Gudur Narayana Reddy alleges the Telangana Congress government is causing asset bankruptcy by relying on land auctions for revenue. He cites data showing land sales constitute 69% of non-tax revenue and warns this practice undermines the state's financial credibility and future borrowing capacity.

Key takeaways

  • BJP leader Gudur claims land sales fund 69% of Telangana's non-tax revenue.
  • The opposition warns asset disposal weakens the state's financial credibility.
  • Gudur cites specific auction figures to highlight intensified land sales since 2024.
  • The leader questions the long-term impact on industrial development capacity.
Read the original at The Hindu

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