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Home » News » National
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K.T. Rama Rao accuses Telangana government of ₹1.5 lakh crore scam in Musi Riverfront project

Indian Community Editorial TeamBy Indian Community Editorial TeamMarch 18, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
K.T. Rama Rao accuses Telangana government of ₹1.5 lakh crore scam in Musi Riverfront project
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Bharat Rashtra Samithi (BRS) working president and MLA, K.T. Rama Rao, claimed in the Assembly that the Telangana government is involved in a financial scam worth ₹1.5 lakh crore under the Musi Riverfront development project. He expressed support for the river’s rejuvenation but criticized what he called ‘massive loot’ in the project. Rama Rao urged the government to disclose the Detailed Project Report (DPR) if it has been prepared.

Deputy Chief Minister Mallu Bhatti Vikramarka and minister D. Sridhar Babu refuted Rama Rao’s allegations during the Assembly session. Sridhar Babu mentioned that the DPR for the project’s first phase is ready, with an estimated cost ranging from Rs.6,500 crore to Rs.7,000 crore. He also noted potential impacts on 1,435 structures and ongoing enumeration processes.

Rama Rao, dissatisfied with the lack of transparency, staged a walkout from the Assembly, citing concerns over the project’s execution. He questioned the government’s rationale for inflating the project cost from an initial estimate of ₹16,000 crore to the alleged ₹1.5 lakh crore. Rama Rao demanded clarity on various project aspects, including the number of phases, land acquisition details, and proposed demolitions.

Accusing the government of opacity, Rama Rao highlighted discrepancies in official notifications regarding house demolitions and land acquisition. He criticized the government for allegedly exploiting the project for corruption and demanded the immediate presentation of the DPR in the Assembly. Rama Rao also raised questions about the company assigned the DPR preparation and the alleged haste in its completion.

Asian Development Bank Bharat Rashtra Samithi (BRS) D. Sridhar Babu Detailed Project Report (DPR) K. T. Rama Rao Main Heart Mallu Bhatti Vikramarka Musi Riverfront project Telangana government
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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