PM’s Economic Advisory Council Chief Meets Telangana CM Revanth

IO_AdminAfrica23 hours ago3 Views

Quick Summary:

  • Telangana Chief Minister A. Revanth Reddy emphasized cooperative federalism and called for balanced Center-State relations during a meeting with S. Mahendra Dev, chairman of the Prime Minister’s Economic Advisory Council, on July 12, 2025.
  • The Chief Minister highlighted the necessity of decentralised advancement within the federal framework for holistic national progress.
  • Expressed concerns about financial pressures stemming from high-interest loans taken by the State in past years, affecting funds available for development projects.
  • Strategies are being devised to reduce loan interest burdens and restructure past debts.
  • Discussions revolved around advancing Telangana’s development vision focusing on urban infrastructure upgrades, job creation, industrial growth, and service sector expansion-especially in areas around Hyderabad.
  • Principal Secretary of State Finance Department,Sandeep Kumar Sultania also attended the session.
  • Prof. Mahendra Dev commended Telangana’s initiatives and promised advisory support to propel its growth.

Indian opinion Analysis:

The Telangana government faces significant economic challenges due to past high-interest borrowing and is working toward debt restructuring as part of its broader strategy to enhance state-wide infrastructure and employment opportunities. The emphasis placed on cooperative federalism aligns with India’s constitutional principles but reflects ongoing concerns about fiscal imbalances between States and the centre that coudl hinder decentralized progress. Efforts targeting urban infrastructure improvements near Hyderabad suggest a prioritization of attracting investment while facilitating job creation-a move that might position Telangana as a regional economic hub if executed effectively.

Balancing debt management with enterprising developmental goals will require pragmatic policymaking supported by collaboration from both central advisory bodies like Prof. Mahendra Dev’s council and local governance structures. Openness in funding allocation could emerge as an essential factor influencing public trust in these initiatives.

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