Says State’s GST collections, which had consistently grown by 15% YoY under BRS regime, plummeted for the first time to less than 1% in September
Hyderabad: BRS working president KT Rama Rao blamed the Congress government for Telangana’s sharp economic downturn, attributing the decline to its ‘Bulldozer Raj’ policies.
He noted that the State’s Goods and Services Tax (GST) collections, which had consistently grown by at least 15 per cent year-on-year under the BRS regime, had plummeted for the first time to less than one per cent in September this year.
“Telangana has gone from being a thriving State to now competing with Uttar Pradesh’s economy,” he said.
He condemned the Congress-led government for bringing Telangana to the last position in GST collections through it’s “destructive policies”.
Rama Rao said the only sector showing growth in the State was liquor sales.
“It speaks volumes about where the government’s priorities lie,” he said, adding that the Congress had “special talent” in ruining a robust and flourishing economy.
“I hope the Chief Minister has answers for this unprecedented economic collapse,” he said, urging immediate action to rectify the situation and restore Telangana’s economic growth trajectory.
