Darmashkian
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Before Election:- Andhra rulers are selling land in & around Hyderabad & TG for the sake of money which they will take for themselves & their region!! Bloody Andhraites
After Election:-We are selling land for the sake of farmers CBN,TDP & Cong. are responsible for this problem+the farmer suicides on my watch...
P.S:- [& If you ask media guys ask too many questions, get prepared to be buried 6 feet under the ground or banned.]
Telangana to sell urban lands to waive farm loans amid protests
HYDERABAD: The Telangana Rashtra Samithi (TRS) government in Telangana is looking at selling state-owned land assets to mobilise funds to fulfill key poll promises, including farm loan waiver, amid protests by opposition parties.
The ruling TRS, which had opposed land sale by the earlier governments of undivided Andhra Pradesh, has reportedly identified nearly 12,500 acres of land for auction.
Owing to an unfavourable real estate market, the state government could not succeed in raising the estimated funds of Rs 6,500 crore through sale of land assets during the last Budget.
Even as Telangana chief minister Kalvakuntla Chandrasekhar Rao was urging the Centre to relax the limits on its borrowings, opposition parties and civil society organisations raised concerns over the state's pace of borrowings and the subsequent debt trap.
Over the last 16 months, Telangana is believed to have tied up Rs 51,000 crore in borrowings, adding to its Rs 80,000-crore debt burden. Airing concern over the rate at which the revenue-surplus state is mopping up borrowings, M Padmanabha Reddy , secretary of the Forum for Good Governance, accused the government of financial indiscipline and of pumping funds into unproductive areas.
Last month, Reddy's civil social organisation had unearthed the huge borrowings by the Telangana government through information obtained under the Right to Information Act.
"There is nothing wrong in the state borrowing, but they are being raised mostly for non-plan expenditure which is not sanctioned by the legislature. The state has already touched the borrowing limit of 3% prescribed under the FRBM Act. Most of these funds, raised at high interest rates of 11-12%, are being spent on unproductive areas, burdening the tax payers," Reddy told ET.
Telangana Joint Action Commit tee's chairman, M Kodandaram, said that raising funds for non-plan expenditure would be harmful for the state in the long run.
"It is always safe to reduce the borrowings and restrict them to productive purposes," he told ET, adding, "The Telangana government should also ensure that the proceeds of land assets should be deployed towards creation of another asset.
The government should ensure that there are adequate land assets with it for future social purposes of creating infrastructure for health and educational institutions."
Justifying the huge borrowings, TRS's deputy floor leader in Parliament, B Vinod Kumar, said that despite being the richest nation, the US is the biggest debtor globally."Aggressive borrowings are needed for creation of infrastructure and attracting investments," he told ET.
Defending the expenditure on populist schemes, he said: "The state needs to take care of the welfare of the underprivileged. Otherwise, it will lead to social unrest.Spending money on populist schemes is not wastinwasting money. It helps accelerate the economy."
Accusing the TRS government of pushing a rich state into a debt trap and bankruptcy within 16 months, Telangana Congress party's chief official spokesperson Sravan Dasoju said, "Instead of taking steps to retrieve the precious government lands that were allegedly grabbed by various entities, which was one of the key mottos of the Telangana movement, the TRS government has ended up rewarding the corrupt bureaucrats involved in such deals is resorting to selling more land. If this is continues, Telangana may not find government land to promote industriali sation and infrastructure creation for development in the coming years."
Revival in Telangana's real estate market may help the government raise the desired funds through auctioning urban land, said G Ram Reddy, president of the Confederation of Real Estate Developers' Association of India's (Credai) Telangana chapter.
"The momentum is picking up and deals have started taking place at attractive prices. Many players are now looking at Hyderabad since the land prices here are still lower compared to other cities."
TRS' Vinod Kumar said the gov ernment was taking necessary steps to protect the precious land assets, but was selling only scattered leftovers that the government was finding difficult to protect.
Read more at:
Telangana to sell urban lands to waive farm loans amid protests - The Economic Times
@itachii @bombermanx @magudi @Roybot Just look at this beautiful logic:-
Justifying the huge borrowings, TRS's deputy floor leader in Parliament, B Vinod Kumar, said that despite being the richest nation, the US is the biggest debtor globally."Aggressive borrowings are needed for creation of infrastructure and attracting investments," he told ET.
Defending the expenditure on populist schemes, he said: "The state needs to take care of the welfare of the underprivileged. Otherwise, it will lead to social unrest.Spending money on populist schemes is not wastinwasting money. It helps accelerate the economy."
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Since when has been TG been anywhere close to the US in any parameter?? & since when has the US borrowed money for farm loan waivers+other populist schemes? & how do populist schemes accelerate the economy?
This guy is leading TG down a debt trap & he will later blame CBN,AP & Modi for it.
#AwardWapsi: Chetan Bhagat slams 'privileged class' - The Times of India
===============================================================
#AwardWapsi: Chetan Bhagat slams 'privileged class'
Dishank Purohit,TNN | Oct 30, 2015, 06.42 PM IST
INDORE: Author Chetan Bhagat on Friday said Prime Minister Narendra Modi has come under attack from historians, scientists and artists because he does not belong to the 'privileged class'.
The privileged class of this country is rattled because the political power has slipped into the hands of people from the Hindi medium. Bhagat said, addressing a curtain raiser function for a literature festival here.
"If Modi and Amit Shah had attended Doon school, spoke impeccable English and were spotted with their English girlfriends, they would not have been attacked so much," said the author.
The controversy surrounding returning of awards can be attributed to the power shift that is taking place in the country, he said.
Attacking a section of intelligentsia for returning their awards alleging growing climate of intolerance, Bhagat said national awards are not given by the government. Rather a jury or a panel selects the qualifying people and thus, it's inappropriate to blame the government for it.
"These are not mere awards, but honours that are given to an individual for his or her individual achievement. How can you later return an honour that you had already accepted?" he said adding now foreign media has come into play and they are painting a sorry picture of India. They are portraying India as a country which is intolerant.
Earlier in the day, the bestselling author was attacked for making an indirect jibe at historians who have returned their awards through his Twitter handle. "What do historians do? I am genuinely curious. This happened. Then this happened. Then this. Ok work done for the day," Chetan Bhagat had tweeted.
Bhagat said he doesn't care about personal criticism targeted at him, but foreign media should not be allowed to portray a negative image of India.
#AwardWapsi: Chetan Bhagat slams 'privileged class' - The Times of India
@SrNair @Spectre @Ragnar
After Election:-We are selling land for the sake of farmers CBN,TDP & Cong. are responsible for this problem+the farmer suicides on my watch...
P.S:- [& If you ask media guys ask too many questions, get prepared to be buried 6 feet under the ground or banned.]
Telangana to sell urban lands to waive farm loans amid protests
HYDERABAD: The Telangana Rashtra Samithi (TRS) government in Telangana is looking at selling state-owned land assets to mobilise funds to fulfill key poll promises, including farm loan waiver, amid protests by opposition parties.
The ruling TRS, which had opposed land sale by the earlier governments of undivided Andhra Pradesh, has reportedly identified nearly 12,500 acres of land for auction.
Owing to an unfavourable real estate market, the state government could not succeed in raising the estimated funds of Rs 6,500 crore through sale of land assets during the last Budget.
Even as Telangana chief minister Kalvakuntla Chandrasekhar Rao was urging the Centre to relax the limits on its borrowings, opposition parties and civil society organisations raised concerns over the state's pace of borrowings and the subsequent debt trap.
Over the last 16 months, Telangana is believed to have tied up Rs 51,000 crore in borrowings, adding to its Rs 80,000-crore debt burden. Airing concern over the rate at which the revenue-surplus state is mopping up borrowings, M Padmanabha Reddy , secretary of the Forum for Good Governance, accused the government of financial indiscipline and of pumping funds into unproductive areas.
Last month, Reddy's civil social organisation had unearthed the huge borrowings by the Telangana government through information obtained under the Right to Information Act.
"There is nothing wrong in the state borrowing, but they are being raised mostly for non-plan expenditure which is not sanctioned by the legislature. The state has already touched the borrowing limit of 3% prescribed under the FRBM Act. Most of these funds, raised at high interest rates of 11-12%, are being spent on unproductive areas, burdening the tax payers," Reddy told ET.
Telangana Joint Action Commit tee's chairman, M Kodandaram, said that raising funds for non-plan expenditure would be harmful for the state in the long run.
"It is always safe to reduce the borrowings and restrict them to productive purposes," he told ET, adding, "The Telangana government should also ensure that the proceeds of land assets should be deployed towards creation of another asset.
The government should ensure that there are adequate land assets with it for future social purposes of creating infrastructure for health and educational institutions."
Justifying the huge borrowings, TRS's deputy floor leader in Parliament, B Vinod Kumar, said that despite being the richest nation, the US is the biggest debtor globally."Aggressive borrowings are needed for creation of infrastructure and attracting investments," he told ET.
Defending the expenditure on populist schemes, he said: "The state needs to take care of the welfare of the underprivileged. Otherwise, it will lead to social unrest.Spending money on populist schemes is not wastinwasting money. It helps accelerate the economy."
Accusing the TRS government of pushing a rich state into a debt trap and bankruptcy within 16 months, Telangana Congress party's chief official spokesperson Sravan Dasoju said, "Instead of taking steps to retrieve the precious government lands that were allegedly grabbed by various entities, which was one of the key mottos of the Telangana movement, the TRS government has ended up rewarding the corrupt bureaucrats involved in such deals is resorting to selling more land. If this is continues, Telangana may not find government land to promote industriali sation and infrastructure creation for development in the coming years."
Revival in Telangana's real estate market may help the government raise the desired funds through auctioning urban land, said G Ram Reddy, president of the Confederation of Real Estate Developers' Association of India's (Credai) Telangana chapter.
"The momentum is picking up and deals have started taking place at attractive prices. Many players are now looking at Hyderabad since the land prices here are still lower compared to other cities."
TRS' Vinod Kumar said the gov ernment was taking necessary steps to protect the precious land assets, but was selling only scattered leftovers that the government was finding difficult to protect.
Read more at:
Telangana to sell urban lands to waive farm loans amid protests - The Economic Times
@itachii @bombermanx @magudi @Roybot Just look at this beautiful logic:-
Justifying the huge borrowings, TRS's deputy floor leader in Parliament, B Vinod Kumar, said that despite being the richest nation, the US is the biggest debtor globally."Aggressive borrowings are needed for creation of infrastructure and attracting investments," he told ET.
Defending the expenditure on populist schemes, he said: "The state needs to take care of the welfare of the underprivileged. Otherwise, it will lead to social unrest.Spending money on populist schemes is not wastinwasting money. It helps accelerate the economy."
----------------------------------------------------------------------------------------------------------
Since when has been TG been anywhere close to the US in any parameter?? & since when has the US borrowed money for farm loan waivers+other populist schemes? & how do populist schemes accelerate the economy?
This guy is leading TG down a debt trap & he will later blame CBN,AP & Modi for it.
#AwardWapsi: Chetan Bhagat slams 'privileged class' - The Times of India
===============================================================
#AwardWapsi: Chetan Bhagat slams 'privileged class'
Dishank Purohit,TNN | Oct 30, 2015, 06.42 PM IST
INDORE: Author Chetan Bhagat on Friday said Prime Minister Narendra Modi has come under attack from historians, scientists and artists because he does not belong to the 'privileged class'.
The privileged class of this country is rattled because the political power has slipped into the hands of people from the Hindi medium. Bhagat said, addressing a curtain raiser function for a literature festival here.
"If Modi and Amit Shah had attended Doon school, spoke impeccable English and were spotted with their English girlfriends, they would not have been attacked so much," said the author.
The controversy surrounding returning of awards can be attributed to the power shift that is taking place in the country, he said.
Attacking a section of intelligentsia for returning their awards alleging growing climate of intolerance, Bhagat said national awards are not given by the government. Rather a jury or a panel selects the qualifying people and thus, it's inappropriate to blame the government for it.
"These are not mere awards, but honours that are given to an individual for his or her individual achievement. How can you later return an honour that you had already accepted?" he said adding now foreign media has come into play and they are painting a sorry picture of India. They are portraying India as a country which is intolerant.
Earlier in the day, the bestselling author was attacked for making an indirect jibe at historians who have returned their awards through his Twitter handle. "What do historians do? I am genuinely curious. This happened. Then this happened. Then this. Ok work done for the day," Chetan Bhagat had tweeted.
Bhagat said he doesn't care about personal criticism targeted at him, but foreign media should not be allowed to portray a negative image of India.
#AwardWapsi: Chetan Bhagat slams 'privileged class' - The Times of India
@SrNair @Spectre @Ragnar