Rushikonda Palace, constructed during former Chief Minister Jagan Mohan Reddy’s tenure, has now become a burden on the state. The massive structure, once seen as a symbol of power, is today draining public funds for maintenance without serving any real purpose.
Ahead of the Cabinet meeting on Friday, a ministerial subcommittee met to decide how to make use of the palace. The members agreed that it should be converted into a public building that benefits citizens rather than sitting idle.
Officials revealed that the government is spending nearly Rs 25 lakh every month on electricity and other maintenance charges. The palace, which earlier generated about Rs 7 crore in revenue, now costs the state instead of contributing to it.
The committee decided to release an advertisement seeking public opinion on how the property could be repurposed. They are considering converting it into a hotel or hospital to generate income and ensure the property is used effectively.
The subcommittee will soon submit its final report to the government with recommendations. Built at a cost of Rs 500 crore, Rushikonda Palace has now turned into a white elephant an expensive reminder of poor planning and unused potential.
