Cabinet to meet on June 5; Yuva Vikasam and employee issues on the agenda
The decision was taken during a meeting of ministers chaired by Chief Minister A. Revanth Reddy at the Integrated Command Control Centre on Sunday (June 01). It was attended by Deputy Chief Minister Bhatti Vikramarka and all the Ministers.
The upcoming Cabinet meeting is expected to be a significant one, as it will address two major constituencies that were instrumental in the Congress party's return to power — the youth and government employees.
The Rajiv Yuva Vikasam scheme, which has emerged as a flagship initiative aimed at youth empowerment, received overwhelming interest from the public. Ministers informed the Chief Minister that the volume of applications had exceeded expectations and flagged widespread complaints about attempts by ineligible individuals to exploit the scheme.
To ensure transparency and credibility, the Cabinet will consider delaying the final announcement of beneficiaries until all applications are thoroughly screened. 'Not a single ineligible person should benefit from the scheme,' the CM said indicating the government's fairness intent.
In addition, the Cabinet will take up the report submitted by the committee on employee issues. Deputy Chief Minister Mallu Bhatti Vikramarka, who received the report earlier, briefed the meeting on its findings. The meeting felt that the government must prepare a roadmap on all the demands of employees, and it requested the Deputy CM to conduct the next meeting with the government employee leaders soon to resolve them.
The Ministers also reviewed reports from their recent visits to districts on May 29 and 30, where they assessed preparations for major initiatives like finalisation of list of beneficiaries of Indiramma house scheme, Revenue department conferences, and the cultivation readiness for the monsoon season.
The ministers lauded Minister for Civil Supplies N. Uttam Kumar Reddy for his proactive efforts in streamlining grain procurement operations, ensuring minimal disruption to farmers.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

The Hindu
29 minutes ago
- The Hindu
Will go to Delhi and speak to high command to know the reason for sacking: Rajanna
K.N. Rajanna, who was recently sacked from the Siddaramaiah-led Cabinet, said on Friday that he will be going to New Delhi after the Assembly session to meet the leaders to know the exact reasons for his removal. He also expressed confidence about coming back as Minister within the current government's tenure. The Madhugiri MLA was Co-operative Minister and removed from the Cabinet on Monday, following directions from the Congress high command. His comments on Congress leader Rahul Gandhi's 'vote theft' allegations during the 2024 Lok Sabha polls had not gone down well with the party high command. Noting that the voter lists for the polls in Karnataka were prepared under the Congress government, he had questioned his own party as to why they didn't stop the irregularities then. 'There may be some people in Delhi who are conspiring against me'K.N. Rajanna Speaking to reporters on Friday, he said he was confident that the high command would be convinced about his explanation when he meets them. 'There may be some people in Delhi who are conspiring against me,' he said. He said the Chief Minister himself was not aware that the high command was thinking of sacking. 'Mr. Siddaramaiah had tried to convince the high command, but when they said a decision had been made, he told me the situation. I said fine,' he added. Asked whether his open statements proved costly for him, Mr. Rajanna said, 'I might have spoken certain truth. I will go to Delhi and try to find out,' he added.


The Hindu
3 hours ago
- The Hindu
Govt. embarks upon swapping high interest loans with low interest ones
Faced with the mounting interest burden of high-cost loans obtained in the past, the Telangana Government has reportedly decided to swap the high-interest loans with low-interest borrowings so as to ensure that it can save significant amounts in the coming days. The effort can be seen from the fact that the Government has opted for low-interest open market borrowings through the auction of securities conducted by the Reserve Bank of India (RBI) in the past few weeks. The State Government raised a huge ₹5,000 crore through the auction of securities on August 5, with interest rates pegged around 7.1%. It has raised ₹3,500 crore on July 29 with interest rates of 7.15% to 7.16%, and the same is the case with ₹2,500 crore raised on July 15 with interest rates pegged at 7.1%. Though the tenure of the borrowings is longer, they are likely to come in as a cushion to the Government owing to their low interest rates. The development follows the huge loans obtained by the BRS Government at high interest rates, which have become a burden on the State Government that is forced to pay interest of around ₹25,000 crore since the last two fiscal years. Chief Minister A. Revanth Reddy said, during his Independence Day address on Friday, that the Government completed debt servicing of ₹2.2 lakh crore, which included principal of ₹1.32 lakh crore and interest component of ₹88,178 crore since the Congress assumed power less than two years ago, indicating the seriousness of the issue. Senior officials said the low-interest loans will help set off the high cost of government debts, but not the off-budget borrowings. OBBs are primarily financed by the financial institutions which cannot be swapped, senior officials said. Keeping this in view, the government addressed a communication to Union Finance Minister Nirmala Sitharaman seeking her approval for the restructuring of high-interest loans. The communication cited the loan of ₹31,795 crore raised by the Kaleshwaram Lift Irrigation Scheme SPV from the Power Finance Corporation and Rural Electrification Corporation with interest rates ranging from 10.75% to 11.25%. 'Additionally, I would like to bring to your notice that several projects initiated with high interest loans remain incomplete due to various reasons resulting in sub-optimal yields compared to their original projection,' the CM said, seeking the Union Finance Minister's intervention in directing the financial institutions like PFC and REC to restructure loans that were extended to the SPVs/corporations.


Hans India
4 hours ago
- Hans India
HYDRAA a great system to protect Hyderabad: CM Revanth Reddy
Hyderabad: Terming HYDRAA a great system to protect Hyderabad by taking action against encroachments on water bodies and parks, Telangana Chief Minister A. Revanth Reddy on Friday accused the Opposition parties of trying to derive political mileage by showing the body in poor light. The Chief Minister stated that the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) protected government lands worth Rs.30,000 crore and freed 13 park and 20 lakes from encroachments. Speaking at the main official function at historic Golconda Fort to mark the 79th Independence Day, Chief Minister Reddy remarked that leaders who want Hyderabad to remain water poor and struggle during heavy rains, were opposing HYDRAA. 'HYDRAA is doing wonderful service in resolving traffic problems and diverting flood water within an hour or two during heavy rains. It is also working effectively in taking action against illegal constructions and restoring ponds,' he said CM Reddy said HYDRAA was constituted to make Hyderabad a safe destination for living and to curb encroachment of water bodies. Stating that cities like Bengaluru, Mumbai and Chennai are facing flood problems, he said Hyderabad should not witness such a plight. CM Reddy mentioned that 'TelanganaRising – 2047' vision document promises a permanent solution to Hyderabad's flooding problem with the Musi Rejuvenation Project. This vision unveils the determination to transform Hyderabad, which is being affected by floods, into a clean and beautiful city. The document also reveals how India's Future City, built to international standards, will be a gateway to the modern world, he said. 'TelanganaRising – 2047 is a plan to radically transform the image of Telangana with the construction of the Gandhi Sarovar project at Bapu Ghat, greenfield highways, dry ports, second phase Metro Rail, radial roads between the Outer and Regional Ring Roads, Warangal and Adilabad airports, Hyderabad-Nagpur, Hyderabad-Bengaluru, and Hyderabad-Vijayawada industrial corridors. Our goal is to implement this resolution and make Telangana a key player in the country's progress by 2047,' he said. The vision document aims to transform Telangana into a $1 trillion economy by 2035 and a $3 trillion economy by 2047. He stated that the previous BRS government left mounting debts and arrears of Rs 8,21,652 crore. "After the Congress government assumed power, we completed debt service of Rs 2,20,676 crore which included Rs 1,32,498 crore principal amount and Rs 88,178 crore interest amount till date,' he said. Terming Young India Skill University and Young India Sports University as his two eyes, CM Reddy predicted that these institutions will shape the future of Telangana. The government is determined to make Telangana the sports hub of the country. It unveiled a new sports policy with the aim of producing top sportsmen and winning gold medals in the next Olympics. The state government decided to establish 'Young India Physical Education and Sports University of Telangana (YIPESU)'. A Memorandum of Understanding has been signed with the Korean National Sports University for the management of this varsity. CM Reddy said that the government is also setting up Young India Schools and a university for the development of education and skills. Young India Schools are being established in every constituency in 25 acres of land. He believes that these institutions will be game changers in the education sector of India. Already, 78 schools are being constructed at a cost of Rs 15,600 crore. 'My People's Government adapted a two-pronged approach. On one hand, the government set the goals to compete with global cities and on the other hand, we are delivering welfare benefits to fulfil the aspirations of the poor. Clarity in thinking and transparency in implementation are the hallmarks of our governance. We have chosen an inclusive development approach which involved everyone and created miracles. We have developed Telangana as a role model for the country within 20 months, writing a new history of transparency in governance, modernity in development, and welfare,' CM Reddy added.