Latest news with #TelanganaRising-2047
Hindustan Times
03-06-2025
- Business
- Hindustan Times
Telangana CM plans to build $1 trillion state economy in 10 years
Hyderabad Telangana chief minister A Revanth Reddy on Monday said his government has prepared an action plan – Telangana Rising -2047 – aimed at developing the state into a US $3 trillion economy by 2047, in tune with the Central government's target of making India a US $30 trillion economy. Addressing the gathering after unfurling the national flag on the occasion of 12th Telangana formation day celebrations, Revanth Reddy said the state government is working on mission mode to play a pivotal role in the development of India as an economic super power by 2047. 'As part of it, the Telangana Rising -2047 action plan was already prepared and decided to promote the state as a US $1 trillion economy in the next 10 years and a US $3 trillion economy by 2047. Telangana Rising mission is regarded as the main instrument to achieve robust growth,' he said. He said his government had inherited a completely dismantled system from the previous regime and taken the responsibility of streamlining every sector. 'We have made the reconstruction of Telangana a big challenge to fulfill the aspirations of people,' he said. Revanth Reddy said his government had restored the systems in various sectors one after the other, including appointment of full-time vice-chancellors to various universities, filled up vacant government jobs by overhauling the Telangana State Public Service Commission and constituted the Education Commission, Agriculture Commission and Information Commission, Lokayukta and human rights commission to ensure that the systems function independently. At the same time, the chief minister claimed, his government had taken steps to empower women by introducing the Indira Mahila Shakti scheme, proposing to distribute ₹ 1 lakh crore to women for taking up employment generation programmes, of which ₹21,000 crore had already been distributed. 'Women self-help groups are encouraged to set up solar power generation units, operate petrol pumps, establish Mahila Shakti canteens and take up stitching of the school uniforms and school management. We have also been providing free bus travel for women in RTC buses,' he said. The chief minister also explained the initiatives being taken for the farming community, such as waiver of farm loans up to ₹ 2 lakh, enhancement of Rythu Bharosa to ₹12,000 per acre and provision of financial assistance of ₹ 12,000 to landless labour. 'The provision of bonus of ₹ 500 per quintal to the fine variety of paddy resulted in a record production of 268 lakh metric tonnes this year,' he said. He also explained in detail other programmes of his government like introduction of Bhu Bharati 2024 act, conduct of caste survey, enactment of a law for the enhancement of the OBC quota in the assembly and legislative council, implementation of SC sub-categorisation etc., and efforts to attract large scale investments to Telangana in the last one year. On the occasion of Telangana formation day, Revanth Reddy felicitated nine eminent personalities who played a major role in the separate Telangana movement with a shawl and a cheque of ₹1 crore each. While Aekka Yadagiri Rao, Andesri, Suddala Ashok Teja, Jayaraju and Pasham Yadagiri received the awards personally, family members of deceased awardees Guda Anjayya, Gaddar and Bandi Yadagiri, besides daughter of poet Goreti Venkanna who is away on foreign tour, received the awards.
The Hindu
02-06-2025
- Business
- The Hindu
Efforts are on to ramp up electricity infra to meet burgeoning power demand: Deputy CM Mallu Bhatti Vikramarka
Power infrastructure is being augmented to meet the burgeoning demand for power as it is estimated that the peak demand will touch 24,215 MW by 2030 in Telangana, said Deputy Chief Minister Mallu Bhatti Vikramarka. He was speaking at the Telangana Formation Day main ceremony after hoisting the national flag at the Police Parade Grounds in Khammam on Monday (June 2). 'I pay rich tributes to all the martyrs who laid down their lives in the struggle for a separate Telangana State,' he said, outlining various welfare and development initiatives of the State government for comprehensive development of Telangana with a thrust on job creation and inclusive growth. He added that the Telangana Rising-2047 designed under the leadership of Chief Minister A. Revanth Reddy will transform the very fabric of the State. He noted that the State has recorded all-time high electricity demand in 2024 when the peak electricity demand reached 16,877 MW and the annual maximum reached 17,162 MW. Attributing this to the continuous development efforts by the government, he said a five-year power action plan has been formulated to meet this growing demand. As part of the action plan, new electricity substations are being set up and transmission network is being strengthened with a futuristic perspective. He said green energy plants with a cumulative capacity of 20,000 MW will be established by 2030 as part of the Telangana Clean and Green Energy Policy. In pursuit of ambitious renewable energy goals, plans are afoot to set up a 1,000 MW solar power plant through self-help groups as part of Indira Mahila Shakti Programme. In the first phase, a pilot project of 64 MW (2MW solar power plants in each district) will soon be operational, he said. On the district-specific development initiatives, Mr. Vikramarka said a plan is in the offing to develop a ropeway at Khammam Fort and other tourist facilities with an outlay of ₹29 crore. Additionally, ₹2.5 crore has been sanctioned for the development and accommodation facilities at the historic Buddhist Mahastupa in Nelakondapalli, he announced. Earlier, Mr. Vikramarka along with Khammam Collector Muzammil Khan and Commissioner of Police Sunil Dutt paid floral tributes to the Telangana martyrs memorial in Khammam city.
The Hindu
02-06-2025
- Business
- The Hindu
People's government is firm in its resolve to rebuild State, realise the dreams of Telangana martyrs: D. Sridhar Babu
Affirming the commitment of the Congress government to rebuild Telangana to realise the dreams of martyrs of Telangana Statehood movement, IT and Industries Minister D. Sridhar Babu has said the Telangana Rising-2047 action plan will propel Telangana's inclusive growth. Speaking at the Telangana Formation Day main ceremony held at the police parade grounds in Karimnagar on Monday (June 2), the Minister said it is our responsibility to cherish the memories and indomitable spirit of the martyrs of Telangana movement, carry forward their legacy and realise their vision. He reiterated that the people's government will support the bereaved families of the Telangana martyrs. He added that the vision document presented by Chief Minister A. Revanth Reddy at the recently held NITI Aayog meeting envisages welfare of poor, progressive policies, development of world-class infrastructure and good governance. The State government has already initiated a string of key initiatives, including the Welfare and Social Justice policy, Green Energy Policy, Infra and Industrial Policy, and Tourism Policy in this direction to position Telangana as a progressive State, he added. 'Our government succeeded in unveiling the growth potential of Telangana at several international fora, including the WEF Davos, thereby attracting huge investments with a thrust on economic growth and job creation,' he said. Mr. Sridhar Babu added that the prestigious global events, including BioAsia-2025, AI Global Summit and Miss World beauty pageant, were organised successfully in Hyderabad. He said the landmark welfare initiatives of the State government such as Indira Mahila Shakti, Maha Lakshmi free travel for women in TGSRTC buses, Rythu Barosa, Rajiv Yuva Vikasam and Bhu Bharati are the hallmarks of the inclusive welfare agenda of the people's government. Karimnagar Collector Pamela Satpathy, Commissioner of Police Gaush Alam and others were present.
New Indian Express
02-06-2025
- Business
- New Indian Express
Three trillion dollar economy by 2047, one crore women crorepathis: Telangana CM promises
HYDERABAD: Chief Minister A Revanth Reddy on Monday announced that the government aims to make Telangana a three trillion dollar economy by 2047. He added that is the reason why the government is preparing the Telangana Rising-2047 future plan. "We have decided to make Telangana a one trillion economy in the next ten years. We are moving forward with the goal of making Telangana a three trillion economy by 2047. Telangana Rising is the mantra that guides us. The government is preparing plans to make Telangana number one not only in the country but also in the world by 2047," he said. On Monday, Chief Minister A Revanth Reddy participated in Telangana State Formation Day celebrations at Parade Grounds. He unfurled the national flag.
Time of India
02-06-2025
- Business
- Time of India
Telangana aims at achieving 3 trillion US dollar economy by 2047: CM Revanth Reddy
Telangana aims at achieving 3 trillion US dollar economy by 2047: CM Revanth HYDERABAD: Chief minister A Revanth Reddy has set a new target of making Telangana a three trillion US dollar economy by 2047 for which the state govt will come out with new industrial, infrastructure and investment policies. The first target would be to achieve one trillion US dollar economy in next 10 years and three trillion by 2047, and increase the state's contribution to the national GDP from the present five per cent to 10 percent. Speaking at the Telangana state formation day celebrations at Parade Grounds, the CM presented the progress report of the 16-month Congress govt and sought the cooperation of IAS, IPS, industrialists, business and other professional sectors to achieve the target of making Telangana number one in the country. He also sought the cooperation of political parties. India is bracing for the centenary celebrations of the country's Independence in 2047. The state govt is working in a mission mode to ensure that Telangana plays a pivotal role in developing India into a 30 Trillion US dollar economy. "As part of it, the Telangana Rising -2047 action plan has been prepared to promote the state as one trillion US dollar economy in next 10 years and 3 trillion US dollar economy by 2047. Telangana Rising is regarded as the main instrument to achieve robust growth. The government envisaged plans to develop Telangana as the number one developed state in the country as well as in the world. I strongly hope that everyone will support the govt in delivering transparent administration and comprehensive development of the state," CM Revanth said. While sharing the achievements of the state govt like Rs 20,600 crore crop loans of farmers being waived, nearly 60,000 govt jobs and one lakh in private sector being given to youth, education, energy, tourism and other policies, and numerous other welfare schemes for women, farmers, youth, and other sections of the society, the CM also spoke about the apolitical stand taken by the Congress govt in Telangana for protection and integrity of the country. The Telangana govt extended full support to the union govt and the armed forces of the country after the Pahalgam terrorist attack followed by Operation Sindoor. The govt is moving fast to promote the youngest state (Telangana) as the best destination for global investments. The state govt has already inked agreements with the 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 Rising. "Plans are under pipeline to develop Hyderabad on par with other developed metro cities in the world and compete with them. A Future City is also being developed in 30,000 acres with state of the art facilities. AI City, Pharma city, Sports City, Life Sciences and Health City are also being developed, he said. To empower backward communities, 42 percent reservation Bills were passed in the assembly, and SC categorisation was done.
