Congress MLA Revanth Reddy at present took oath as Chief Minister Of Telangana whereas Bhatti Vikramarka Mallu was sworn in as his deputy. Reddy grew to become the primary Congress chief minister of the youngest state created in 2014. Governor Tamilisai Soundararajan administered the oath of workplace to him on the sprawling Lal Bahadur Shastri Stadium in Hyderabad.
In accordance with Reddy’s election affidavit as analysed by the Affiliation For Democratic Reforms, Revanth Reddy’s internet value is over Rs 30 crore. The brand new Telangana CM has a movable asset of Rs 5,17,11,352 and an immovable asset of Rs 24,87,87,500. Reddy is going through 89 prison instances however he has not been convicted in any of them. These instances embody 34 prices associated to Punishment for prison intimidation (IPC Part-506), three prices associated to Statements conducing to public mischief (IPC Part-505 )and a couple of prices associated to Dishonest and dishonestly inducing supply of property (IPC Part-420).
Alternatively, his deputy has a complete belongings of over Rs eight crores. He has movable belongings of Rs 1,91,62,605 and immovable belongings of Rs 6,21,64,000. Bhatti is going through three prison instances that embody three prices associated to Punishment for Being a member of an illegal meeting (IPC Part-143), 2 prices associated to Punishment for wrongful restraint (IPC Part-341) and a couple of prices associated to Each member of illegal meeting responsible of offence dedicated in prosecution of frequent object (IPC Part-149).
Congress nationwide president Mallikarjun Kharge, and Congress Parliamentary Occasion Chairperson Sonia Gandhi who arrived in Hyderabad early this morning had been additionally current for the swearing-in ceremony. Occasion chief Rahul Gandhi, and Priyanka Gandhi had been additionally current on the stage. Karnataka CM Siddaramaiah and Deputy CM DK Shivakumar additionally reached Hyderabad to participate within the event.