Singareni has become a hub of scams and financial mismanagement: BRS
The Bharat Rashtra Samithi (BRS) has raised concerns about the financial mismanagement at Singareni Collieries Company Ltd under the Congress Government. Senior leader T. Harish Rao criticized the government's policies for increasing the company's dues and threatening jobs. The BRS is demanding transparency regarding missing coal stock and questioning the government's commitment to local projects.
- ▪BRS claims Singareni has become a hub of scams under Congress rule.
- ▪Dues payable to Singareni have risen from ₹2,000 crore in 2014 to nearly ₹21,000 crore now.
- ▪The BRS is demanding an explanation for the missing coal stock worth ₹1,600 crore.
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HYDERABADThe Bharat Rashtra Samithi (BRS) has expressed serious concern over the deteriorating condition of Singareni Collieries Company Ltd (SCCL) under the Congress Government, alleging that the company has become a hub of scams and financial mismanagement.Addressing the State executive meeting of the Telangana Boggu Gani Karmika Sangham (TBGKS) affiliated to BRS here on Tuesday, senior leader of the party T. Harish Rao said that Singareni, once considered the pride and wealth of Telangana, was now pushed into crisis due to the Congress Government’s policies.While the previous BRS Government had revived Singareni by recruiting nearly 19,000 workers on compassionate grounds and regular recruitment, the Congress Government was weakening the organisation and threatening the existing jobs.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.