A political dispute has erupted between Telangana Chief Minister Revanth Reddy and Union Minister Kishan Reddy over the release of an IRFC loan worth about Rs 13,600 crore for the Hyderabad Metro Phase-I. Kishan Reddy rejects allegations that the Centre delayed the IRFC funds, saying the Union government has supported Telangana’s projects and that the loan related to the state’s takeover of the metro phase. Revanth Reddy, meanwhile, presses the matter with the Union side and seeks to resolve the issue directly with the Railway Minister, arguing that the funds are tied to the state’s metro operations and should be released without further delay. NDTV reports that Revanth Reddy criticises the Centre’s role and references Kishan Reddy’s involvement in ensuring the loan release, while Kishan Reddy responds by defending the Union’s track record of support. Both sides frame the controversy around the timing and responsibility for releasing the IRFC loan, without any new details on when the funds are expected to be disbursed.
Revanth Reddy and Kishan Reddy spar over IRFC loan for Hyderabad Metro Phase-I
A political dispute has erupted between Telangana Chief Minister Revanth Reddy and Union Minister Kishan Reddy over the release of an IRFC loan worth about Rs 13,600 crore for the Hyderabad Metro Phas...
- The dispute concerns an IRFC loan of about Rs 13,600 crore for Hyderabad Metro Phase-I.
- Kishan Reddy denies allegations that the Centre delayed the loan release.
- Kishan Reddy says the Centre supports Telangana’s infrastructure projects.
- Revanth Reddy seeks a meeting with the Railway Minister to address the issue.
- The loan is linked to Telangana’s takeover of Hyderabad Metro Phase-I.
Kishan Reddy dismissed allegations of delaying the IRFC loan for Hyderabad Metro, saying the Centre has supported Telangana’s projects, while Revanth Reddy sought a meeting with the Railway Minister to resolve the issue.
2 days agoThe chief minister has Kishan Reddy's intervention in ensuring the release of IRFC loan meant for the state's takeover of Hyderabad Metro Phase-I.
2 days ago
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