The economic slow down is there and that is a reality said K Chandrasekhar Rao the CM of Telangana. He was answering to the budget presented in the Assembly.
What is happening to the country is the question due to the economic slowdown, KCR said. People want to know the future of the country he opined.
Mahindra and Mahindra has withdrawn the investment of around 1200 crore in the state of Telangana.
GR Reddy and Venugopal reddy the popular people in the financial sector said that we are better than the expected financial crunch said KCR. People wanted to create some hurdles but we have overcome that and are progressing KCR explained.
last 5 years we did well, and the last one and a half years we are trying to cope up with the situation he stated. Even in NITI Ayog meet, we gave the real picture without any inhibitions KCR explained.
We paid more as taxes to the centre, we got less in return to the state he said. We are getting loans as we are repaying on time that is the prudence Telangana has he stated.
Despite all odds we have achieved good progress KCR said. We are developing ourselves apart from partnering the growth of the Nation and this is as per the CAG report he explained.
Difference schools of thought are giving different views he said. He chided at the Congress that they are not moving forward and sticking to the 1940 s thinking. We are one of the best 6 states in the country said KCR.