Hyderabad: World Bank milestone became the centre of a political debate after BRS working president K.T. Rama Rao said the latest World Bank report reflected Telangana’s economic progress under the previous BRS government.
Posting on X after the report was released, KTR said Telangana had crossed the upper-middle-income threshold. He described the development as a matter of pride for every citizen and said it disproved claims that the state had become financially bankrupt.
He also credited former Chief Minister K. Chandrashekar Rao’s leadership for the achievement. According to KTR, Telangana had transformed from a financially backward region into one of India’s wealthiest states during the BRS government’s tenure.
World Bank milestone draws fresh political reactions
Furthermore, KTR said the report reflected the hard work, skills and determination of Telangana’s people. He congratulated everyone who contributed to the state’s economic growth over the past decade.
Meanwhile, he criticised those who had described Telangana as financially weak. He argued that the latest World Bank report had answered such criticism. He also said national and international institutions had acknowledged the state’s economic progress.
KTR further stated that rising income levels showed the benefits of steady development. He maintained that Telangana’s economic achievements resulted from the development model adopted during the KCR government’s tenure.
