Deputy CM Mallu Bhatti Vikramarka revealed that the State has accumulated a non-budgetary debt of Rs 7,11,911 crore during the previous 10-year rule of the BRS government. In response to the Opposition’s concerns about the Vote on Account Budget, the Deputy CM emphasized that the State government is committed to implementing all six guarantees. However, in order to do so and clear the debts left by the previous government, the State needs to borrow within the FRBM limits.
Bhatti stated that the State government has allocated Rs 53,196 crore for implementing the six guarantees. This includes Rs 15,075 crore for Rythu Bharosa, Rs 7,740 crore for the Indiramma Housing Scheme, Rs 2,418 crore for Gruha Jyothi, and Rs 723 crore for Mahalakshmi (Rs 500 gas cylinder), among others.
