Hyderabad: The Bharatiya Janata Party (BJP) has demanded that the Telangana government release a comprehensive White Paper on the State’s financial condition, accusing the Congress government and CM Revanth Reddy of creating confusion over the real status of the State treasury.
In an open letter addressed to CM Revanth Reddy on March 3, Union Minister G. Kishan Reddy questioned the contradictions in the government’s statements on the State’s finances and urged the government to place the facts before the people ahead of the State Budget Session scheduled to begin on March 16.
Referring to the 2023 Assembly elections, Kishan Reddy noted that the Congress party came to power after promising six major guarantees and 420 commitments to the people of Telangana. However, he pointed out that soon after assuming office, the Chief Minister had publicly stated that the “State treasury is empty like mud pots instead of treasure.”
Wrote an open letter to CM Revanth Reddy seeking a comprehensive white paper on Telangana's financial situation.
Before the elections, he promised six guarantees and made 420 assurances to the people of Telangana. After assuming office, he has cited an “empty state treasury” as… https://t.co/rHqOpiGcPz
— G Kishan Reddy (@kishanreddybjp) March 3, 2026
Kishan Reddy alleged that the CM’s recent remarks at a public meeting, suggesting that ₹1,000 crore could be given to the Sonia Gandhi–Rahul Gandhi family and the Congress Party if required, created the impression that while the State treasury was being described as empty, the Congress leadership was not facing such financial constraints.
Highlighting the Centre’s support to the State, Kishan Reddy stated that since 2014, under the leadership of Prime Minister Narendra Modi, the NDA government had extended nearly ₹12 lakh crore to Telangana through various schemes and capital investments for the State’s development and welfare.
According to the letter, this includes ₹2.5 lakh crore as tax devolution, ₹1.85 lakh crore for roads, over ₹36,000 crore in railway budget allocations along with ₹50,000 crore worth of ongoing railway works, nearly ₹40,000 crore under MNREGA, ₹50,000 crore worth of PDS rice, more than ₹40,000 crore to rural and urban local bodies, ₹12,000 crore for power projects, ₹21,000 crore for education and sports, and nearly ₹9,000 crore for healthcare.
The Union Minister also highlighted the Centre’s support to farmers in the State. Over the past 12 years, farmers in Telangana have received more than ₹14,000 crore under PM-KISAN, ₹80,000 crore in fertiliser subsidies, nearly ₹2 lakh crore as Minimum Support Price (MSP) for paddy procurement, and ₹60,000 crore as MSP for cotton procurement, he stated.
In addition, Kishan Reddy said the Government of India had facilitated loans of nearly ₹10 lakh crore to Telangana through various central financial institutions.
He also referred to the Special Assistance to States for Capital Investment (SASCI) scheme launched in 2020–21, under which interest-free loans with a 50-year repayment period are provided for capital expenditure. Telangana, he said, had received over ₹10,000 crore under the scheme over the past six years.
According to the letter, these funds supported key infrastructure initiatives including drainage systems, road widening, railway expansion, bridges and flyovers, hospitals, educational institutions, tourism infrastructure, radial roads between the Outer Ring Road (ORR) and Regional Ring Road (RRR), river development works, Smart Cities projects and PMGSY roads.
Major allocations under the scheme include ₹200 crore for MMTS Phase-II, ₹114 crore for the Manoharabad–Kothapalli railway line, ₹315 crore for Smart Cities projects, ₹674 crore for PMGSY works, ₹200 crore for radial roads, ₹110 crore for the Siddipet bypass, ₹388 crore for Young India Residential Schools, and ₹300 crore for hostel construction.
Kishan Reddy further alleged that despite Telangana being formed in 2014 with surplus funds, the State had seen no significant financial progress during ten years of BRS rule and the subsequent 27 months of Congress rule.
He stated that the continuous rise in per capita debt and the State’s growing reliance on borrowings to meet routine commitments including interest payments on previous loans, employee salaries, Rythu Bharosa payments, and welfare schemes reflected the financial stress faced by the State.
“The people of Telangana deserve to know the true financial condition of the State,” the Union Minister said, urging the CM Revanth Reddy to release a comprehensive White Paper on the State’s finances before the commencement of the Budget Session on March 16.
