"Our borrowings limit should be increased. We are like landlord (a big farmer) today. So, we should be let to develop more. We have FRBM (Fiscal Responsibility & Budget Management Act). There is borrowing limit. It was increased for us to some extent. It was raised by about Rs 4,000 crore,” he said.
"We told Modiji that you will not give special package for surplus state. But, when we are good and maintain fiscal prudence, we should not be punished," he added.
Rao said he has taken up the matter with the Centre and the Prime Minister and Finance Minister have responded positively to the request.
Noting that the Finance Commission has now confirmed Telangana is a surplus state (the other being Gujarat), Rao said his long-held argument that it would be a surplus state post-bifurcation of Andhra Pradesh has been proved right.
Asked about expectations from Saturday's Union Budget, Rao said Telangana cannot have big expectations as it is a surplus state.
However, special requests have been made and new kind of policies are expected in the Budget. Some Central schemes are expected to be transferred to states and it remains to be seen if funds would also come accordingly, the CM said.

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