Grand vision, meagre finances: Road likely bumpy for Telangana in 2026 amid 'six guarantees

HYDERABAD: (Dec 28) Though the Congress government in Telangana, led by Chief Minister A Revanth Reddy, firmly entrenched itself in 2025 with impressive wins in the Jubilee Hills Assembly bypoll and rural local body elections, the fulfilment of all poll promises in 2026 is likely to become a daunting task amid mounting debts and falling revenues.

The Congress government unveiled a grand vision to make the state a USD 3 trillion economy by 2047 and USD 1 trillion by 2034 which, according to former RBI Governor D Subbarao, requires an annual growth rate of 8-9 per cent.

Telangana's borrowings stood at over Rs 58,000 crore at the end of November, as against the budgeted Rs 54,000 crore for the full year while the total receipts were at Rs 1.67 lakh crore, 59 per cent of the targeted Rs 2.85 lakh crore.