Logo
Logo

Telangana fiasco extracts a heavy toll

In response to the colossal losses suffered by the public exchequer as a result of the 42-day long Telangana agitation, the ‘austerity measures’ put in place by Andhra Pradesh Chief Minister Kiran Reddy may, at first glance, seem to be a prudent decision. Yet, the fact of the matter is that the State Government’s fiscal discipline drive is in fact little more than another glaring example of its utter failure to deal with a crisis that continues to grow worse with every passing day. Clearly befuddled by the raging controversy, Mr Reddy might be under the impression that prohibiting his Ministers from travelling business class and putting a freeze on fresh appointments and purchases will stem the losses, but he is sadly mistaken.

Read Full Story>>