Capital expenditure for improving infrastructure and productivity of assets: KTR
The Hindu
Dismisses charges that State was being pushed into debt trap
Industries and IT Minister K.T. Rama Rao has asserted that the State government is incurring capital expenditure for improving infrastructure and improving productivity of the assets for future generations.
“Investments on infrastructure should be looked at as capital expenditure, not debt. This is the investment for the future,” he said.
Replying to a question during the Question Hour in the Assembly on Monday, Mr. Rama Rao dismissed the charges that State was being pushed into debt trap by the present dispensation. The boom in economic activity witnessed at present was because of the investment made in the infrastructure and value being created, he said.
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