Will KCR privatise debt-ridden Telangana?

Will KCR privatise debt-ridden Telangana?
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Leader of the Congress Legislature Party in Assembly Mallu Bhatti Vikramarka on Friday wanted to know from Chief Minister K Chandrashekar Rao as to whether the State would be privatised as the debt burden was rising enormously.

Hyderabad: Leader of the Congress Legislature Party in Assembly Mallu Bhatti Vikramarka on Friday wanted to know from Chief Minister K Chandrashekar Rao as to whether the State would be privatised as the debt burden was rising enormously.

Telangana Jana Samithi president M Kodandaram has met Vikramarka at CLP office and discussed about the developments after the press conference of the chief minister on Thursday. Later, Vikramarka addressed the media.

Citing the comments of the chief minister that there is no other way than privatising the RTC as it is debt-ridden, Vikramarka wanted to know whether the State could be privatised as its debt has reached to Rs 3 lakh crore.

He stated Rao wants to give away the wealth of the State to private persons and this would lead to inequality in incomes. He mentioned that all over the country 73 per cent of the wealth is concentrated in one per cent of the people.

Bhatti said that 50 per cent of the population is sharing one per cent of the wealth of the nation. He said that it is high time for all to rise to the occasion and to save the assets of the public. Vikramarka faulted the announcement of the chief minister that there is no RTC and there are no workers and said that the chief minister alone cannot close down the RTC. He said that the assets of the RTC belong to the people.

He alleged that the State has already been mortgaged and KCR has been trying to sell away Hyderabad. He said that the chief minister is trying to bereft of assets to the future generations. He said that the address of the chief minister in the press conference on Thursday has surprised all the proponents of democracy. He stated that the RTC workers have gone to the strike as their demands were not met.

Vikramarka said that even the reporters of the media were not spared, and they were called as 'Bewakufs'.The Congress leader flayed Chandrashekar Rao for demonstrating arrogance and feudal mentality in press meet. He said that the chief minister who did not bother about the dengue fevers in the State has come out of the Pragathi Bhavan after the victory in Huzurnagar.

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