State had set up a Special Purpose Vehicle for the Rs 1 lakh crore Kaleshwaram irrigation project, which raised loans worth Rs 87,449.15 crore. The rest has to be repaid over next 12 years.
Godavari & Krishna river management boards were set up in 2014, under same Act that oversaw Andhra bifurcation to form Telangana, but their jurisdiction wasn’t outlined so far.
Ruling YSR Congress Party and opposition TDP have been trading barbs, particularly over cost of remaining work on the Godavari river project & change of bidder.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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