1. CM urges Union minister of Finance Nirmala Sitharaman to support Telangana govt to strengthen education sector  
2. Rs 30,000 crores requires  for the development of Young India Schools and other educational institutions
3. CM appeals to union minister to exempt spending on construction of Young India schools from FRBM limit  
4. Restructure loans to reduce mounting repayment burden on state government

Chief Minister Shri  A Revanth Reddy has requested Union minister of Finance  Nirmala Sitharaman to extend all kinds of support  to the Telangana  government to strengthen the education sector as the government has already introduced revolutionary changes in education  recently.     

The Chief Minister briefed the Union Minister  about the measures initiated to provide corporate-style education to the  BC, SC, ST and minority sections who constituted about 90 percent in the state. 

A state delegation led by CM Revanth Reddy met  with the union minister at her office in North Block on Tuesday. during the meeting, the CM said that 105 Young India Integrated Residential Schools are being constructed  in 105 Assembly Constituencies. The construction work of the four schools has already started and  tenders for the remaining schools have been  finalized.  Each school will accommodate 2,560 students and  2.70 lakh students will get the opportunity to study in all schools in the state. 

The Chief Minister  also briefed the union minister about the requirement of the funds to construct  the Young India schools with the state of the art facilities including labs,  sport stadium etc. The total cost of the construction of the schools will be Rs 21,000 crore.  Rs  9,000 crores will be spent   on providing  modern labs and other infrastructure in junior, degree, technical colleges and other higher educational institutions.

To meet the financial requirement for the construction of the residential schools, the CM appealed to Nirmala Sitharaman to  permit the state government  to constitute a  special Corporation  to mobilize funds and also  exempt  from the FRBM limit.   CM Revanth Reddy told the  Union Minister  the state government was  spending huge funds on the education sector considering it as an investment. The Chief Minister also  requested the union minister  to allow restructuring of the loans as the previous government had arbitrarily borrowed loans at  high-interest rates and  repayment  of loans had become a huge burden on the state government. The union minister responded  positively to the CM’s requests.   Congress MPs Dr. Mallu Ravi, Porika Balaram Nayak, Suresh Shetkar, Chamala Kiran Kumar Reddy  were also present.