Overview

• Chief Minister A. Revanth Reddy met Nirmala Sitharaman in New Delhi to request permission for a special-purpose corporation whose borrowing would be exempt from FRBM limits.
• The plan earmarks ₹21,000 crore to build 105 Young India Integrated Residential Schools and ₹9,000 crore for laboratories and other higher-education infrastructure.
• Construction has begun on four schools and tenders for the remaining campuses have been finalised, with each school designed for 2,560 students and a combined capacity of 2.7 lakh.
• Reddy also sought approval to restructure high-interest legacy loans, citing a heavy repayment burden inherited from the previous administration.
• The Chief Minister’s Office said the finance minister responded positively to the requests, though no specific approvals or terms were announced.