Telangana spends Rs 1,000 cr monthly on employee retirement benefits: CM Reddy

• CM A Revanth Reddy stated Telangana spends Rs 1,000 crore monthly on retirement benefits for superannuated employees.
• Approximately 1,000 government employees retire each month, with each costing Rs 1 crore in benefits.
• Despite financial burden, the state is managing finances, CM said at a Telangana Madiga Employees Coordination Committee meeting.
• Reddy urged employees to be vigilant in tax collection and deal strictly with evaders.
• He highlighted limited state finances and lack of land, emphasizing education for the SC community.