Getting financings is immaterial, claims Puvvada

Hyderabad: Stating that the Government of India was taking financings greater than the suggested restrictions, Transport Minister Puvvada Ajay Kumar on Tuesday stated individuals have actually attained different State, which was believed difficult, and also obtaining a lending was immaterial.

Addressing an interview, in addition to Telangana State Planning Board vice- chairman B Vinod Kumar, at Telangana Bhavan, Ajay stated the Centre had actually taken Rs 100 lakh crore financings throughout the last 8 years and also asked why the State can not look for financings. He required to understand what the Centre had actually made with Rs 100 lakh crore funds.

“We have achieved something which was supposed to be impossible and getting a loan was no big deal. We will follow all the legal aspects for procuring loans,” stated Ajay, declaring that the Centre was developing difficulties for the State to protect financings although loaning relies on the State’s earnings. The financings were considered creating tasks, he insisted.

Vinod Kumar mentioned that all States were taking financings, and also according to the NITI Ayog, the only State to settle financings immediately wasTelangana “It is the Centre, which is going against the FRBM regulations. The loans taken are being spent on State farmers and people, he pointed out.

Kumar said there was no truth in allegation of Telangana BJP Chief Bandi Sanjay on Bhadradri power project. He said the machinery of the project was from the BHEL, a Central institution. “Bandi Sanjay is making accusations versus his very own government and also implicating the TRS government,” said Kumar. He said it was the State government which wrote to the Centre that the price per unit was Rs 20. Based on government’s letter, the prices were decreased to Rs 12 a unit.

“The remarks of Bandi Sanjay resemble Tughlaq,” he quipped, while asking the BJP leader to withstand from making accusations and also suggested him to verify such costs.