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Telangana financially on a firm footing

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Despite the dent in revenues during the last two years due to Covid pandemic and lack of help from the Centre, Telangana financially appears to be on a firm footing.

With a higher growth rate and per capita income than many bigger states, India’s youngest state has become the fourth largest contributor to national GDP in a short span of less than eight years and claims to be a model for the entire country in welfare and development.

According to 2020-21 budget estimates, Telangana’s estimated outstanding public debt will be over Rs 2.86 lakh crore. However, the economists say the state has the capacity to manage debts.

According to a study paper released by the Reserve Bank of India (RBI) last month, Telangana’s debt-to-GSDP ratio is the lowest in the country, indicating the fiscal health of the state.

Based on the annual data between 2014-15 and 2018-19, the study paper revealed that the State Performance Composite Index (SPCI) of Telangana has improved. SPCI measures both the fiscal performance and market development of states.

The average debt to Gross State Domestic Product (GSDP) of Telangana from 2014-15 to 2018-19 was 16.1 per cent, which is the lowest among the states in the country.

According to state finance minister T. Harish Rao, Telangana is among the states having the lowest debt burden in the country, dismissing the claim by the opposition parties that the Telangana Rashtra Samithi (TRS) government has pushed the state into a debt trap.

Harish Rao had told the state Assembly last year that Telangana’s debt burden is only 22.8 per cent of GSDP, which is well within the permissible limits under the FRBM Act. Telangana was then at the third place from the bottom in the country.

“The Centre’s debt burden is 62.2 per cent of GDP while Telangana’s debt burden is just 22.8 per cent of GSDP,” he had stated.

The RBI also revealed recently that Telangana is the fourth largest contributor to the country’s economy. According to “Handbook of Statistics on the Indian Economy 2020-21” the Net State Value Added (NSVA) by Telangana at current prices to the country increased from Rs 4,16,930 crore in 2014-15 to Rs 8,10,503 crore in 2020-21.

Leaders of ruling TRS say this contribution is significant considering the fact that Telangana is the 11th largest state in terms of geographical area and 12th in terms of population.

According to Telangana State Statistical Abstract Report released this week, provisional estimates show the GSDP of Telangana at current prices in 2020-21 was Rs 9,80,407 crore. Between 2012-13 and 2020-21, the average annual GSDP growth of Telangana was 6.8 per cent and GDP of India was 5.1 per cent.

For 2021-22, the state presented a Rs 2.31 lakh crore budget despite the pandemic drastically impacting the state’s economy. For 2020-21 the budget size was Rs 1.82 lakh crore.

The budget for FY22 comprised revenue expenditure of Rs 1.69-lakh crore and capital expenditure of Rs 29,046 crore. The fiscal deficit went up to Rs 45,509 crore from Rs 33,191 crore in the previous financial year.

Telangana’s growth rate has been consistently higher. In 2018-19 it was 9.8 per cent against GDP growth rate of 6.5 per cent. The growth rate was 6 per cent in 2019-20 against GDP growth rate of 4 per cent. In 2020-21, it was -0.6 per cent against All India -7.3 per cent.

In another key performance indicator, the per capita income of Telangana increased from Rs 91,121 in 2011-12 to Rs 2,37,632 in 2020-21. This is against all India averages ranging from Rs 63,462 in 2011-12 to Rs 1,28,829 in 2020-21.

In another boost for Telangana, the latest data by the Centre for Monitoring Indian Economy revealed that the state has lowest unemployment at 0.7 per cent.

Economist Papa Rao believes that Telangana has no financial worries as it is performing well despite not receiving the support from the Centre. “Some debts were unduly raised but the state has the capacity to manage them. It can generate its own resources,” he said while pointing out that the state’s tax revenues have gone up during the current year. He, however, said the state should be cautious in raising new loans.

According to him, Telangana in a short span of time has emerged as a progressive state with Hyderabad as the growth engine attracting massive investments. The state created assets in the form of irrigation projects and Mission Bhagiratha which envisages drinking water supply to every house.

He, however, believes that Dalit Bandhu scheme launched by TRS government recently is not viable. Under the scheme claimed to be the only one of its kind in the country, the government plans to provide Rs 10 lakh grant to every Dalit family.

“There are 50 lakh Dalit families. Mobilizing such huge funds is very difficult. This may take many years and may not yield desired results,” Papa Rao said.

Pointing out that an overwhelming majority of Dalits are agriculture labourers, the economist said distribution of land rather than cash would have been more practical.

The state claims to be number one in welfare in the country with a welfare budget of over Rs 40,000 crore. It is implementing a plethora of welfare schemes from social security pensions to various categories to financial help for marriages of poor girls to Rythu Bandhu under which every farmer gets Rs 10,000 as annual investment support for every acre.

However, opposition Congress party leader Dasoju Srravan says that welfare programs should ultimately empower people. “Farmers’ suicides have not stopped despite Rythu Bandhu. During the last 4-5 years 8,000 farmers have ended their lives. Farmers do not want Bandhus, they want MSP for the hard work they put in and market support for agricultural produce,” he said.

The national spokesperson of the Congress party believes that the TRS government is focusing more on voter alluring programs but not voter empowerment programs. “As a result the state has landed into a serious debt trap and today we are a financially bankrupt state. We don’t have money for salaries and we don’t have money for repayment to contractors.”

He blamed lopsided priorities of the government, mismanagement, callous understanding of development for this situation. “On top of it is mysterious corruption in projects. TRS leadership has become extremely rich overnight,” he said.

The Congress leader alleged that the state government is making people addicted to liquor by opening more and more wine and bar shops across the state. “It is giving pensions and some money under Rythu Bandhu but draining their resources through sales tax on liquor. See how liquor revenue has increased in these 7-8 years,” he said.

The revenue from liquor sales, which was Rs 10,833 crore, has gone up to Rs 27,888 crore in 2020-21.

He alleged that the TRS government completely ignored sectors like education, health and employment generation

“The chief minister proudly says a private villa in Hyderabad costs Rs 25 crore and still people are coming and buying. Is that a development indicator? It is a third-rate governance indicator. In management we call it critical incident analysis while analyzing performance. The CM made critical comments reflecting his innate mindset and how he sees development,” Srravan said.

Crime

Mumbai Crime: Serial Snatcher Who Targeted Women At D Mart Stores Arrested

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A 53-year-old habitual offender was arrested by the MHB Police and identified as Bapi Ratan Bhattacharya. He was accused of stealing women’s purses and valuables from busy supermarkets repeatedly. Bhattacharya, dubbed a ‘serial snatcher’ by the police, was apprehended in Mira Road on Saturday after weeks of investigation.

In a statement given by the cops to Media, Bhattacharya would exploit the chaos of crowded shopping areas, especially popular D Mart outlets, to discreetly lift purses and bags placed in shopping trolleys. Most of his victims were women distracted while shopping. Investigators revealed that Bhattacharya had been involved in more than 10 similar thefts across various supermarket branches in Mumbai and nearby areas.

His latest crime came to light after a Dahisar West resident filed a complaint stating her purse had been stolen while she was shopping with her two-year-old son at D Mart, Kandarpada. The stolen bag contained cash, ATM cards, and important documents. Within minutes, ₹20,000 was withdrawn from her husband’s account using one of the stolen cards.

Following the complaint, police teams led by DCP Sandeep Jadhav (Zone XI), Senior Inspector Harish Gavli, and PSI Nilesh Patil analysed CCTV footage and used technical surveillance to trace Bhattacharya’s movements. The accused was later arrested from Mira Road. During interrogation, he confessed to multiple thefts carried out in a similar fashion across several D Mart branches.

An officer said, “More than ten cases have been registered against Bhattacharya across Mumbai and nearby police stations. Whenever a theft is reported at a supermarket, his name is the first to come up. We have already solved two pending cases after his arrest.”

The accused has been booked under relevant sections of the Bharatiya Nyaya Sanhita (BNS) and Information Technology Act, police said, adding that further investigations are underway to identify his other offences and potential accomplices.

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All preparations fully completed for Bihar polls: DGP Vinay Kumar

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Patna, Nov 5: A day before the first phase of voting for the Assembly elections, Bihar Director General of Police (DGP) Vinay Kumar on Wednesday said that all preparations for the upcoming polls have been completed to ensure the polls are conducted peacefully and smoothly across the state.

DGP Vinay Kumar said the state police and administration are fully committed to maintaining law and order during the election process. He also appealed to the youth of Bihar to strengthen democracy by actively exercising their right to vote.

Speaking to Media, DGP Vinay Kumar said, “All preparations for the elections have been completed to conduct the polls peacefully. I also want to urge the youth of Bihar to come forward and make democracy stronger by using their voting rights responsibly.”

The DGP warned that anyone found involved in creating violence or any kind of disturbance during the polling process would face strict legal action.

“If anyone is found involved in violence or undesirable activity, they will not be spared. FIRs are being registered against all such offenders because no one is above the law,” he told Media.

Kumar further urged young voters not to be misled by anti-social elements.

“I request the youth not to fall into the trap of those who want to disrupt peace. Strengthen democracy by voting. The administration stands firmly with the people. If anyone faces any problem while casting their vote, they can directly contact us. Our helpline numbers have been made public for this purpose,” he added.

When asked about the FIR filed against Union Minister Lalan Singh for allegedly violating the Model Code of Conduct, the DGP said, “The Model Code of Conduct is known to everyone. If anyone disobeys it, an FIR is filed against them. The entire police and administrative team are working to ensure its strict implementation.”

Highlighting the preventive measures taken by the police, Kumar said, “If anyone attempts to create an undesirable situation or engage in violence, they will be arrested under preventive detention laws and released only after signing a bond. This year alone, around two lakh people have been arrested under such preventive measures.”

He added that special attention has been given to ensuring adequate deployment of security forces.

“Earlier, 1,500 companies of security personnel were allotted for the two phases of the elections. In the past six to seven days, an additional 150 companies of police personnel have been deployed, mainly in the districts going to polls in the second phase. The Dial 112 emergency service will remain fully functional, and citizens facing any issues can reach out immediately. Our social media monitoring cells are also active to track and counter misinformation,” he said.

The DGP also revealed that the police have taken strong action against those involved in criminal activities related to the elections.

“Anyone involved in criminal acts that attempt to disrupt the election process will face a speedy trial. In the past 25 to 30 days, around 800 accused individuals have been arrested. We will ensure that their cases are prioritised and convictions are achieved within two months. The Election Commission of India has also directed that such cases be given top priority,” he noted.

Reiterating his appeal to voters, Kumar said, “I appeal to every voter in the state to come out and vote without fear. Bihar is the mother of democracy, and it is our responsibility to protect its dignity. The youth must play a leading role in maintaining peace and harmony. If anyone notices anti-social activities, they should inform the authorities immediately. Strict action will be taken against those trying to disturb peace or spread violence.”

He further added that a few incidents of disturbances had been recorded, and the CID was investigating them.

“Such anti-social elements are being identified through videography. After the election, they will be sent to jail. Those who misuse weapons will face strict punishment. No one will be spared if they think they can escape by indulging in such acts,” Kumar added.

The voting for the Bihar Assembly elections will be held in two phases — November 6 and November 11, and the counting is scheduled for November 14. After the Election Commission of India announced the schedule for the 243-member Assembly, the Model Code of Conduct is currently in force across the state. Polling will be conducted in 121 constituencies in the first phase and 122 constituencies in the second phase.

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Watson hails Gill as ‘ridiculously talented’ batter ahead of Gold Coast T20I

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Gold Coast, Nov 5: Former batting great Shane Watson has praised India opener Shubman Gill for maintaining consistency in his batting and stated it won’t take him long to adapt across different formats. He described the opener as a ‘ridiculously talented’ batter with amazing technique.

While Gill remains a key figure across formats, his T20I performances since returning to the format in September 2025 reveal a worrying trend, as he has scored just 170 runs in ten innings at an average of 24.14 and a strike rate of 148.24.

In the ongoing Australia tour, he is struggling, having scored 37 not out, 5, and 15 in the first three games of the five-match series.

Speaking to reporters here on Wednesday, Watson reflected on how challenging it is for a modern team batter to go through the phase of frequently changing formats and said, “It definitely is a challenge and the more you do it, the better you get at really understanding the little adjustments that you have to make to your technique, to your game plan, your mindset around each format to be able to then get into the best version of you every time you have to make that adjustment.”

The fourth T20I will be a historic game, as it will be the first time India and Australia play at the Carrara Oval (formerly known as the People’s First Stadium) in Gold Coast.

Watson expressed excitement about this stadium hosting a major event and said, “It’s an amazing opportunity for the Gold Coast to be able to show off its incredible natural beauty. For the Indian team to be able to come here, for the Gold Coast to be able to get a game of this calibre, is something very special to the Gold Coast community. So I’m sure the players and the Indian fans who have made their way here will certainly enjoy the tournament.”

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