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Hans India
3 days ago
- Business
- Hans India
Telangana will be a $3 trn economy by 2047: Revanth
Hyderabad: Chief Minister A Revanth Reddy has asserted that Telangana will be playing a pivotal role in the nation's economic growth, considering that the state is now in a mission mode to become a $ 3 trillion economy by 2047. As part of the Telangana Formation Day celebrations on Monday, Revanth Reddy hoisted the tricolour at the Parade Grounds, after paying tributes to Telangana martyrs. Addressing the gathering later, he reiteratad Telangana Raising – 2047 action plan and said that the State government was not only promoting the State as one that would become a $1 trillion economy over the next 10 years, but also as one that would become a $3 trillion economy by 2047. 'Telangana Raising is regarded as the main instrument to achieve robust growth. The government has formulated plans to develop Telangana as the number one developed state in the country as well as in the entire world,' he said, while exhorting everyone's contribution to him in delivering transparent administration and ensuring comprehensive development of the state. The Chief Minister recalled how Telanganites had struggled for decades to achieve statehood for the larger purpose of attaining emancipation, freedom, and equal opportunities. However, their aspirations remained unfulfilled despite the lapse of 10 years after the formation of Telangana state. 'Vexed Telangana people dethroned the dictatorial rule and gave a big mandate to the progressive People's government,' he said in a veiled reference to the previous BRS regime. Revanth Reddy underscored the role of women and said that the state government already unveiled plans to make one crore women as millionaires and introduced the Indira Mahila Shakti scheme for the economic empowerment of the women community. He said for generating employment opportunities for youth, the Young India Skills University was established for development of skills among the youth and added that a Sports University would be opened soon to train youth as talented sportspersons could win Olympic medals. Revanth Reddy said that the government had formulated plans to develop Future City in over 30,000 acres with state- of-the-art facilities. AI City, Pharma City, Sports City, Life Sciences and Health City were also being developed, he added. The Future City Development Authority had been constituted to take up such big projects. On housing to the poor, the Chief Minister outlined the government's initiatives and said that the government was extending the Rs 5 lakh scheme benefit to beneficiaries under the Indiramma Housing scheme. 'The government is heading fast to construct 4.50 lakh Indiramma Houses with an outlay of Rs 22,500 crore. Rs one lakh scheme benefit had been disbursed to beneficiaries based on the status of the house construction. Rs 53.64 crore had been deposited in 5,364 beneficiaries' bank accounts until May 20 this year,' he mentioned. Revanth Reddy said that the government was moving fast to promote the youngest state of Telangana as the best destination for global investments. 'We have achieved a remarkable milestone in attracting investments from global giant companies during my Davos, Singapore and Japan visits. State government inked agreements with various companies for more than Rs 3 lakh crore investments. IT giants like Google, Microsoft, Cognizant and HCL are already expanding their operations in Hyderabad. This could be the first stepping stone under the Telangana Raising,' he added. On the occasion, the Chief Minister presented cash awards of Rs 1 crore each to nine eminent personalities for their contributions to the Telangana movement. Amongst the recipients include balladeer Gaddar, poet-singer Guda Anjaiah, and revolutionary poet Bandi Yadagiri. Their family members received the award posthumously. Among other recipients were artistes Ande Sri, Suddala Ashok Teja, Jayaraj, Ekka Yadagiri Rao and Pasham Yadagiri (senior journalist). Noted poet and singer Goreti Venkanna, was represented by his daughter at the ceremony, as he is currently on a foreign tour. The Kaloji Award was given to poet Nalimela Bhaskar for his contributions to literature.
India Today
4 days ago
- Business
- India Today
Revanth Reddy sets 2047 goal for Telangana to reach USD 3 trillion economy
On the occasion of Telangana Formation Day, Chief Minister A Revanth Reddy announced that the state is aiming to become a United States Dollar (USD) 3 trillion economy by the year 2047, aligning with India's national goal of reaching a USD 30 trillion at the celebrations, Reddy stated that Telangana aspires to contribute 10 percent to the national Gross National Product (GDP) by 2047. He introduced the 'Telangana Rising 2047' policy document, which outlines a strategic roadmap for growth in key sectors such as energy, tourism, industries, investments, and to the Chief Minister, the state's goal is to achieve a USD 1 trillion economy in the next 10 years, and then expand to USD 3 trillion by 2047. Telangana holds 2.5% of India's population and contributes 5% to the national GDP, a figure the state aims to double in the coming decades. Reddy called on professionals across fields including doctors, engineers, bureaucrats, and business leaders to support the state's part of urban development plans, he announced efforts to elevate Hyderabad to global standards. Projects include the revival of the Musi river and the transformation of Bapu Ghat into an international-level memorial named 'Gandhi Sarovar'.The Chief Minister also unveiled plans for a massive urban development project called Bharat Future City, to be built near the Rajiv Gandhi International Airport. Spanning 30,000 acres, the city will host specialised hubs such as AI City, Sports City, Life Sciences, Health City, and Pharma City. A dedicated Future City Development Authority has been established to oversee the also criticised the previous administration, claiming that the aspirations of the people were not fulfilled after Telangana's formation in 2014. He said the current government, in office since December 2023, is focused on correcting past mistakes and rebuilding the part of the celebrations, he hoisted the national flag, inspected the parade, and awarded Rs 1 crore each to nine notable individuals, including the late folk singer Gaddar, who played key roles in the statehood movement. In some cases, family members accepted the awards on their Mayor of Kitakyushu City, Japan, Kazuhisa Takeuchi, attended the celebrations as a special officially became a state on June 2, 2014, following its separation from undivided Andhra Pradesh after a long struggle for by Thejaswini N IN THIS STORY#Telangana
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Business Standard
4 days ago
- Business
- Business Standard
Telangana aims to become $3 trillion economy by 2047: CM Revanth Reddy
Telangana is working to become a $3 trillion economy by 2047 as the country aspires to achieve $30 trillion by then, Chief Minister A Revanth Reddy said here on Monday. Speaking at the Telangana Formation Day celebrations, Reddy said the state government hopes to contribute 10 per cent to the national GDP by 2047. "India is making efforts to emerge as a $30 trillion economy by 2047. As India and the (Central) government are making plans to become $30 trillion, we brought the Telangana Rising 2047 policy document to make the state a partner in it, to put the state at the top," he said. As part of its goal, the state government has introduced several policies, including energy, tourism, industries, investments and health, he said. All these policies together form the vision of 'Telangana Rising 2047'. This envisions making the state compete with the world, he said. The CM said the government is making efforts with the aim of transforming the state into a $one trillion economy in 10 years and a $3 trillion economy by 2047 (to help the country become a $30 trillion economy). Telangana's population forms only 2.5 per cent of the country's current population, but the state contributes five per cent to the national GDP, he said. The government aims to increase the state's contribution to the national GDP to 10 per cent by 2047, he said. The CM urged doctors, engineers, bureaucrats, businessmen and other sections of society to support the government in its endeavour. Reddy, who highlighted the welfare and development initiatives, said the government is firming up plans to make Hyderabad comparable to world cities, including to restore the past glory of Musi river in the city and to develop Bapu Ghat, a memorial for Mahatma Gandhi, as 'Gandhi Sarovar' as per international standards. Observing that major cities in the country have developed gradually since old times, he said the government is developing a fully-planned 'Bharat Future City' near the city's RGI airport. The proposed Future City is envisioned to compete with cities like Tokyo and New York. The Future City, proposed to be developed in 30,000 acres as per global standards, would comprise AI City, Sports City, Life Sciences, Health City and Pharma City. The government has already prepared a policy document and appointed a Future City Development Authority, he said. The Future City would be a destination for investments from around the world, he said. Alleging that people's aspirations were not fulfilled after the state's formation in 2014 (during the previous BRS regime), he said the state government, after assuming office in December, 2023, set out to rectify the wrongdoings of the past and to put the state on the path of reconstruction. The CM hoisted the national flag and inspected the parade on the occasion. He presented a cash reward of Rs one crore each to nine eminent persons, including late folk singer Gaddar, who played a key role in the Telangana statehood agitation. The cash rewards were received by the concerned family members in the case of some of the eminent persons. The Mayor of Kitakyushu City in Japan, Kazuhisa Takeuchi, attended the Telangana Formation Day celebrations as a guest. After a protracted agitation for statehood, Telangana came into existence on June 2, 2014, following the bifurcation of undivided Andhra Pradesh.
NDTV
4 days ago
- Business
- NDTV
Telangana Aims To Become 3 Trillion Dollar Economy By 2047: Revanth Reddy
Hyderabad: Telangana is working to become a USD 3 trillion economy by 2047 as the country aspires to achieve USD 30 trillion by then, Chief Minister A Revanth Reddy said in Hyderabad on Monday. Speaking at the Telangana Formation Day celebrations, Mr Reddy said the state government hopes to contribute 10 per cent to the national GDP by 2047. "India is making efforts to emerge as a USD 30 trillion economy by 2047. As India and the (Central) government are making plans to become USD 30 trillion, we brought the Telangana Rising 2047 policy document to make the state a partner in it, to put the state at the top," he said. As part of its goal, the state government has introduced several policies, including energy, tourism, industries, investments and health, he said. All these policies together form the vision of 'Telangana Rising 2047'. This envisions making the state compete with the world, he said. The CM said the government is making efforts with the aim of transforming the state into a USD one trillion economy in 10 years and a USD 3 trillion economy by 2047 (to help the country become a USD 30 trillion economy). Telangana's population forms only 2.5 per cent of the country's current population, but the state contributes five per cent to the national GDP, he said. The government aims to increase the state's contribution to the national GDP to 10 per cent by 2047, he said. The CM urged doctors, engineers, bureaucrats, businessmen and other sections of society to support the government in its endeavour. Mr Reddy, who highlighted the welfare and development initiatives, said the government is firming up plans to make Hyderabad comparable to world cities, including to restore the past glory of Musi river in the city and to develop Bapu Ghat, a memorial for Mahatma Gandhi, as 'Gandhi Sarovar' as per international standards. Observing that major cities in the country have developed gradually since old times, he said the government is developing a fully-planned 'Bharat Future City' near the city's RGI airport. The proposed Future City is envisioned to compete with cities like Tokyo and New York. The Future City, proposed to be developed in 30,000 acres as per global standards, would comprise AI City, Sports City, Life Sciences, Health City and Pharma City. The government has already prepared a policy document and appointed a Future City Development Authority, he said. The Future City would be a destination for investments from around the world, he said. Alleging that people's aspirations were not fulfilled after the state's formation in 2014 (during the previous BRS regime), he said the state government, after assuming office in December, 2023, set out to rectify the wrongdoings of the past and to put the state on the path of reconstruction. The CM hoisted the national flag and inspected the parade on the occasion. He presented a cash reward of Rs one crore each to nine eminent persons, including late folk singer Gaddar, who played a key role in the Telangana statehood agitation. The cash rewards were received by the concerned family members in the case of some of the eminent persons. The Mayor of Kitakyushu City in Japan, Kazuhisa Takeuchi, attended the Telangana Formation Day celebrations as a guest. After a protracted agitation for statehood, Telangana came into existence on June 2, 2014, following the bifurcation of undivided Andhra Pradesh.
The Star
28-04-2025
- Business
- The Star
Asean News Headlines at 10pm on Monday (April 28, 2025)
Malaysia: * Malaysia seeks collaboration beyond Asean, eyes Maldives partnership * Federal Court allows AG's bid to challenge Najib's 'royal addendum' document ruling * MCMC probes influencer over alleged spread of false information on royal institution * Continental to shut Alor Setar tyre plant, affects 950 jobs * Car crashes into Sungai Petani coffee shop, kills woman * Penang's AI City initiative on the right track, says Gobind * Maldives President accorded official welcome at Perdana Putra * Malaysia-Maldives cooperation to expand to solar, defence and digital tech * Questions posed by AG over Najib's additional document of public importance, court says * Singer Yasin blows a kiss at his family after escaping life in jail for drugs * Malaysia seeks stronger economic ties with Europe amid US tariff threat * Malaysia's terms of trade adds 1.2% in March 2025 - DoSM * Malaysia to push for greater Asean-BRICS cooperation at foreign ministers' meeting * Malaysia wins bid as host country for AFPPD secretariat * FBM KLCI hits 4-week high as trade tensions ease / Ringgit ends at over five-month high vs US dollar amid tariff-talk optimism Singapore: * Singapore ex-national serviceman cop gets week in jail for stealing AirPods from station inspector * Singapore GE2025: Govt will have enough leeway even if all WP candidates are elected, says Pritam Singh * Singapore GE2025: Rainbows, rallies and revelry – a weekend at the hustings * Singapore GE2025: SDP chief apologises for candidate Gigene Wong's racial slur at rally * Singapore GE2025: Reject racial, religious identity politics, uphold multi-racial unity: Senior Minister Lee * Singapore GE2025: SDP candidates will be full-time MPs, can outdo those from PAP, says Chee Soon Juan * US tariffs will cause demand shock to Singapore economy: MAS * Singapore negotiating for US concessions on pharmaceuticals, chips * Singaporean star Mark Lee wins Best Actor for his role as drag queen at Asian Art Film Awards in Macau * HK actress Michelle Yim makes a splash at Singapore's Marina Bay Sands Indonesia: * IMF official warns risks for low-income economies in Asia amid trade tensions * New eruptions at Indonesia's Lewotobi Laki-Laki volcano * Viral lizard statue sparks conversation in Indonesia about 'overpriced', 'ugly' monuments * TikTok videos exploit trade war to sell fake luxury goods * Indonesian free meal programme faces hurdles on food safety, funds management * Oil prices stable amid economic uncertainty, OPEC+ supply fears Thailand: * Two police officers killed, one seriously injured in bomb explosion in Thailand's Yala * Thai minister seeks genuine Barisan Revolusi Nasional leader for peace talks in south * Ayutthaya police FB post of 'loft-style detention room' offering free stays goes viral * Thailand to step up rail, road developments for three northeastern provinces * Thai rice exports in 2025 struggling, downward target revision ahead * Chinese tourist confesses to murdering transgender woman in Thailand, removing her organs Philippines: * AirAsia Philippines names new CEO * Philippines denies Chinese report on disputed reef * Philippines raises alert level at restive volcano after eruption * PM Ishiba talks US tariffs in Hanoi and Manila * CIMB Bank Philippines says unexpected error caused unauthorised fund transfers Vietnam: * Malaysian deputy foreign minister to undertake working visit to Vietnam beginning on Tuesday (April 29) * Japan, Vietnam pledge to support free trade as PM Ishiba visits Hanoi * Vietnam needs to catch up on legal framework for digital assets * How Vietnam tank crew that crashed into Saigon Palace shaped course of history 50 years ago * China, Central Asia vow to uphold multilateralism Myanmar: * Myanmar marks month of misery since historic quake * Indonesia uncovers 68 Rohingya, Bangladeshi migrants planning illegal journey to Malaysia * Lost to history: Myanmar heritage falls victim to quake * Bangladesh agrees to UN call to open humanitarian corridor for Myanmar citizens Cambodia: * Rare hailstorm surprises people across Cambodia * Russian, Vietnamese naval vessels visit Sihanoukville, Ream base * Gold sinks over 1% as easing US-China tensions curb safe-haven demand * Experts breathe new life into ancient Angkor wonder Laos: * Conflicting US-China talks statements add to global trade confusion * Lao Red Cross assists over 100,000 disaster victims in 2024 Brunei: * Covid-19 vaccination for prospective haj pilgrims announced in Brunei * Archery enlivens Hari Raya in Brunei AseanPlus: * Asia, and Malaysia, aim to take the lead in innovating medical devices * Malaysia, Maldives united in ending genocide in Palestine, says Anwar * Jun Hao leads Malaysia to 5-0 win over France in Sudirman Cup * The evergreen Erra Fazira, forever Malaysia's favorite sweetheart, has newfound joy in love and career * 'Bara Jiwa' by rock duo Azlan and Muzza is now a fan favourite after being selected as theme song for runaway hit movie 'Blood Brothers' * Maroon 5 and Blackpink's Lisa to collaborate on single 'Priceless' * Chinese actress Yidan Xia reportedly passed away in 2023, at age 24 * 65 per cent of Gaza victims in Israeli onslaught are women, children and the elderly * India signs $7.4 billion deal with France to buy 26 Rafale fighter jets * Ten must-visit bookstores and libraries for every literary traveller * China says 'no phone call' recently between Xi and Trump * Screens, drones, massages: Shanghai flaunts the future of cars * Gold falls as easing US-China tensions dent safe-haven demand * Collapse at demolition site injures four in Japan * China sees upturn of industrial profits in Q1 * Chinese actress Yidan Xia reportedly passed away in 2023, at age 24 * Twelve dead as vehicle falls into well in central India * India test-fires missiles as tension with Pakistan escalates * China is confident of achieving 2025 growth target, says state planner * Six injured in knife attack by student at South Korean high school * India, Pakistan exchange small arms fire across Kashmir border for fourth night * Pakistani troops kill 54 militants attempting to sneak in from Afghanistan * Australia government dismisses concerns over AAA rating amid election spending pledges * Chinese youth seek 'friendship marriage' with best friends to alleviate family pressure * Australia's ruling party to hike student visa fees again in pre-election pledge * South Korea rules out tariff deal with US before June 3 snap election * Off-duty firefighter in South Korea contains flames at bowling alley * In Australian election race, Trump 'chaos' is making a conservative vote risky * Hong Kong know-how can help mainland Chinese tech firms expand overseas, experts say * South Korean city orders more than 1,200 residents to evacuate due to wildfire * South Korea karaoke owner inflicts severe injuries to customer, reports victim as 'drunk' * Olympics-London mayor hopes city will bid for 2040 Olympics as part of ambitious hosting plan * Mao Saigo of Japan wins the Chevron Championship with a birdie in a five-way playoff
