Won’t allow mortgage of state: CPI

Khammam: Khammam: CPI state secretary Chada Venkat Reddy said that Chief Minister K. Chandrasekhar Rao is trying to mortgage Telangana state to the World Bank. He said that Mr Rao is showing interest to get World Bank loan for implementing reforms in the power sector. He said that the people would not allow the TRS government to mortgage power sector to the World Bank. He said that Mr Rao would face the wrath of the people of Telangana if the government yielded to the conditions of World Bank to get loans from it.

Recalling the struggle of the people in united Andhra Pradesh over the increasing power tariff, he said that the people taught the then chief minister N. Chandrababu Naidu by defeating in the 2004 elections. Mr Reddy addressed a programme conducted on the memory of martyrs who were killed during the Bashirbagh firing incident. Then onwards, no government tried to increase the power tariff abnormally. He said that it is not correct to privatise the sectors related to the infrastructure in the state.

“From sanitary workers to temple priests are coming to the streets to achieve their demands and it is showing the irony rule of Mr Rao,” he said, adding that the people should fight against the government to fulfil the aspirations and dreams of Telangana martyrs.