The Telangana BJP on Thursday lashed out at Chief Minister A Revanth Reddy and the Congress government, accusing them of driving the state toward near-bankruptcy in just two years by adding over Rs 2 lakh crore in fresh debt.

The party criticized the government’s ‘Rising Telangana Global Summit’ as a superficial PR exercise aimed at covering up fiscal mismanagement.

State BJP spokesperson N V Subash called the summit a ‘lavish spectacle to distract the public from rising debts, inflation, and power tariffs.’ He accused the government of failing to deliver on its promises while indulging in reckless borrowing and publicity stunts.

Subash also dismissed the government’s new slogans CURE, PURE, RARE as mere cosmetic gimmicks. ‘CURE is a Cracked Urban Region Economy, with Hyderabad cash-starved and stalled projects. PURE stands for a Poor Peri-Urban Region Economy, neglected and mismanaged. RARE is a Ruined Agri Region Economy, where farmers face unpaid subsidies and broken promises,’ he said.

Describing the summit as a ‘smokescreen,’ Subash criticized the government for spending crores on the event while pending bills and salaries remain unpaid. He warned that global investors would encounter instability rather than fiscal discipline.

Calling the governance model ‘Borrow Today, Bankrupt Tomorrow,’ Subash demanded a White Paper detailing the state’s finances, loans raised, and summit expenditures.

He also announced a massive dharna on December 7 near Indira Park under BJP state president N Ramchander Rao, under the slogan ‘Gallantaina Guaranteelu, Neraverani Vāgdānālu’ (disappeared guarantees, unfulfilled promises), aimed at exposing the government’s failures.