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Union Minister G. Kishan Reddy attributed the hold successful the disbursal of a ₹13,527 crore indebtedness from the Indian Railway Finance Corporation (IRFC) for the Hyderabad Metro Rail (HMR) Phase I takeover from L&T Metro Rail Hyderabad (L&TMRH) to what helium described arsenic a ‘small method issue’, adjacent arsenic the substance escalates into a governmental enactment with the Telangana government.
Addressing a property league successful New Delhi connected Tuesday, Mr. Kishan Reddy said the contented revolves astir however indebtedness repayment is to beryllium prioritised. According to him, Union Minister for Housing and Urban Affairs Manohar Lal Khattar informed that the Telangana authorities had initially agreed — astatine the clip of signing the pact with IRFC — to prioritise indebtedness repayment done HMR revenues. However, the Urban Affairs Ministry sought to prioritise operations and attraction expenses instead.
Explaining the Centre’s position, Mr. Kishan Reddy noted that metro obstruction systems crossed the state typically utilise gross archetypal for operational costs earlier repaying loans. “These are method and fiscal issues that tin beryllium resolved done treatment betwixt the Ministry of H&UA and the State government,” helium said.
The Secunderabad MP besides claimed helium was ‘unaware’ of the IRFC indebtedness disbursal being stalled until Chief Minister A. Revanth Reddy raised the contented successful his property league astatine Hyderabad connected Monday. Reaffirming the request for expanding metro obstruction connectivity and the Multi-Modal Transport System (MMTS) successful Hyderabad, Mr. Kishan Reddy denied allegations that helium had obstructed the project.
“The BJP does not person a civilization of stalling projects. If changes are required, we authorities them openly,” helium said, portion offering to facilitate a gathering betwixt the Chief Minister and Mr. Khattar successful New Delhi to resoluteness the matter, including issuance of a ‘No Objection Certificate’ (NOC) for the projects. “I americium acceptable to travel him if helium comes here,” helium said.
Mr. Kishan Reddy besides rejected claims that the Centre discriminates against non-BJP governed States, asserting that it has already agreed successful rule to a 50:50 cost-sharing exemplary nether a JV (Joint Venture) for the projected HMR Phase II 2A 76.4 km and Phase 2B 86.1 km.
The Minister’s remarks travel successful effect to allegations by Chief Minister Revanth Reddy, who accused him of ‘obstructing’ some the Phase I takeover and approvals for Phase II expansion. The contention has intensified aft IRFC signed an statement past period with elder Telangana officials for the loan, but failed to merchandise funds arsenic per schedule, placing the takeover process successful uncertainty.
Mr. Kishan Reddy further maintained that the contented lies betwixt the State authorities and the MoHUA, alternatively than with him personally. He emphasised his way grounds successful pushing improvement projects successful Telangana, citing advancement successful MMTS Phase II, road expansion, railway presumption modernisation and the Kakatiya Textile Park.
Calling for dialog implicit confrontation, Mr. Reddy accused the Chief Minister of ‘politicising’ the contented and attempting to deflect attraction from governance challenges. “Problems cannot beryllium solved done disapproval alone,” helium said, urging constructive engagement to determination the task forward.
