White Paper Politics: Who Wins Who Loses?

There is a new big thing in Telangana politics with the presentation of the white paper on the fiscal condition of Telangana by the newly formed Congress government. The white paper was presented by Bhatti Vikramarka in the assembly yesterday and this states facts about the loans and debts of the BRS government in last 10 years. It touches topics like how these debts amassed, how many crores deficit is Telangana is facing and the status of government projects.

Going by the white paper that was presented yesterday, the Telangana government is having to look for center funds to run even daily operations. It says several crores of corruption is identified in the Kaleshwaram project. The primary allegation is that the KCR government committed financial discrepancies and left Telangana in deep debt.

While the intention of stating the facts and numbers of financial irregularities in KCR government is clear, this white paper idea of Congress is leading to another opinion. Financial experts and political analysts are saying this could be an attempt from Congress to explain to the public how Telangana treasury has no money left, and indirectly say it is tough to implement their ‘six electoral promises’ immediately and they might take more time for it.

However, Revanth Reddy has made a clear argument on this topic. He said the intention behind releasing white paper on Telangana’s fiscal condition is not to defame or throw blame on anyone but just to display bare facts to people of Telangana who deserve to know what is happening with their state finances. He says this will not affect Congress’s ‘Six Promises in 100 Days’ plan in any way.

Revanth government has succeeded in presenting the bare facts and numbers of the fiscal condition of Telangana and the corruption in its mega projects in last 10 years of KCR governance. Once this goes deep into public, KCR could lose a lot of public image. But for Revanth himself to emerge as winner, he has to navigate Telangana in this tough condition and still stand by his six promises, apart from delivering good governance for the next five years.