TRS chief and Telangana CM KCR suddently started talking about 'economic recession' for the past three days.
He has been giving preachings to ministers and officials on the urgent need to maintain 'financial discipline', cut down expenditure and make savings for government etc in the wake of 'economic recession' across the globe and also in India.
KCR has been holding meetings with senior officials from finance and other departments at Pragathi Bhavan for the past three days to discuss on budget proposals for 2019-20.
He has to present full-fledged budget for Telangana for 2019-20 in September as the vote-on-account budget KCR presented in March this year will expire in six months in September.
But the words of financial discipline, savings, prudence, coming from the mouth of a person like KCR has left not only ministers and officials but also Telangana people shocked.
Because a person who is known for lavish spending and thinks himself as Nizam Nawab of Hyderabad is now talking about savings every day.
A person who built Pragathi Bhavan at a cost of Rs 500 crore by demolishing IAS quarters despite having a luxurious CM camp office built by late YSR because of vastu reasons, a person who is ready to demolish existing 10 blocks in Secretariat premises worth thousands of crores of rupees on vastu grounds and just to satisfy his ego of not using Secretariat used by Seemandhra CMs, a person who has decided to construct new Secretariat and Assembly by spending Rs 1,000 crore despite both old buidlings are in a position to sustain for another few decades, a person who is maintaining the costliest and lavish convoy, bus in the country by spending crores of rupees and a person who spent nearly Rs 1.50 crore just on mementos to be presented to AP CM Jagan, Maharashtra CM Fadnavis and others during recent Kaleshwaram inauguration and a person who uses special flights for his personal visits, pilgrimage with family members by spending crores of rupees of public money and a person who splurges crores of rupees on yagams, homams and a person who donates crores of rupees of public money to various temples to fulfill his personal vows is now talking about financial disciplilne which is not digested even by hardcore KCR fans and loyalists.
But why KCR suddenly started talking about financial discipline?
Sources say KCR realised that Telangana despite being a 'revenue surplus state' after bifurcation of AP, the Telangana economy is now on the verge of collapse due to financial indiscipline and mindless spending of KCR during the past five years.
KCR realised that he cannot fulfill the major poll promises of recent Assembly polls due to cash crunch, and to escape from this situation, KCR is trying to find out some 'lame excuses' and put blame on them for the present condition.
For this, KCR took up the issue of 'economic recession' saying that it has hit the earnings of Telangana state government very hard resulting in cash crunch.
If economic recession is only the real reason for present crisis, why not PM Modi or CMs of other states are talking about this.
Global recession is true and its impact on all countries including India is also true. But it is yet to set in completely and as of now the major affected sector is automobile industry.
When did global recession has hit TRS government so badly that it has no money now and it cannot implement poll promises is something which KCR needs to give an explanation to people who re-elected him as CM for second term with a thumping majority.
