
NOB- Telangana news: She said that Revanth Reddy has drawn a conspiracy sketch to mortgage 1.75 lakh acres under TGIIC, she is having specific evidence. The government has issued a secret GO to convert TGIIC from a private limited company to a public limited company. The government’s idea is to get more loans of thousands of crores by changing the company status. A conspiracy is underway to sell Telangana lands on the stock exchange. The doors have been opened through TGIIC to take large amounts of loans. Why was the change in company status hidden from the public? What was the need to mortgage Telangana lands on the stock exchange? If there is a loss in the stock exchange, what will be the fate of the lands deposited in Telangana? It is a shame that Chief Minister Revanth Reddy has not given the slightest thought to the future of the people of Telangana. The decision to convert TGIIC into a public limited company should be withdrawn. In the last 16 months of his rule, CM Revanth Reddy has incurred debts of more than Rs 1.8 lakh crore. With the debts incurred, not a single scheme has been fully implemented, not spent on development. No gold was given, Mahalaxmi scheme was not implemented, nothing was done. This government has repaid only Rs. 80 thousand crores for the debts incurred in the past. Where did the remaining lakh crores go? She said that she is making allegations with evidence. One lakh crores paid to big contractors. This is a 20 percent commission government. CM Revanth Reddy who directly took 20 percent commission after making payments to contractors. Almost 20 thousand crores went to Revanth Reddy’s own treasury. She also asks that the government should release a white paper. A minister is paying bills to his own company and Megha company but not for the development work done. The Revanth Reddy government, which has incurred thousands of crores in debt, has not done a single good deed. CM Revanth Reddy is speaking vile words that are insulting the self-respect of Telangana. He mortgaged 400 acres in Kancha Gachibowli and took a loan of Rs. 10 thousand crores. Environmentalists all over the world have raised concerns for trees and nature are being destroyed.