Tag : KCR

    Centre conspiring to financially weaken states: Telangana CM

    June2/ 2022

    Hyderabad: Telangana Chief Minister K. Chandrasekhar Rao on Thursday alleged that the Narendra Modi government at the Centre is conspiring to weaken the states financially. He said that the central government is shifting taxes in the form of cess to deprive the states of the Constitutionally due share from the taxes levied by the Centre.Addressing Telangana formation day celebrations, he said the Centre has usurped lakhs of crores from the due share of the states. KCR, as the chief minister is popularly known, alleged that the Centre is imposing various kinds of sanctions arbitrarily, undermining the economic freedom of the states. He said the Centre was asking the states to strictly abide by FRBM but it was indiscriminately resorting to borrowings without adhering to any rules. "The Centre's attitude has become a stumbling block for states like Telangana, which maintains financial discipline by managing loans and investment expenditure within FRBM limits. I demand that the Center immediately reconsider and lift the economic sanctions imposed on the states and stop any further violation of the rights of the states," he said. KCR said the Centre's attitude towards Telangana state, which is working with financial discipline and prudence and well within the FRBM limits, was creating a major problem. Telangana state is losing Rs 5,000 crore every year as it refused to implement the anti-farmers power reforms of the Centre. "In five years, the state lost Rs 25,000 crore. If we want these Rs 25,000 crore we have to install meters at the farmers well and collect the power charges. That is not our policy. The state is not to accept any policy that creates a burden on farmers. I will not accept these anti-farmer power reforms as long as I am a ...

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