Latest news with #TelanganaRising2047
Time of India
3 days ago
- Business
- Time of India
$3 trillion economy goal for Telangana by 2047 when India turns 100, says CM A Revanth Reddy
Telangana CM A Revanth Reddy HYDERABAD: On the occasion of the 11th Telangana Formation Day on Monday, chief minister A Revanth Reddy set a new target of making the state a $3 trillion economy by 2047 and increasing its contribution to the GDP from 5% to 10%. Speaking at the Formation Day celebrations at Parade Grounds, the CM presented the progress report of the 16-month-old Congress govt and sought the cooperation of all political parties, bureaucracy, industrialists and all sections in the state to make Telangana number one in the country. He said the state govt was working in mission mode to ensure that Telangana plays a pivotal role in developing India into a $30 trillion economy by 2047 when the country would celebrate its Independence centenary. "As part of it, the Telangana Rising 2047 action plan has been prepared to turn the state into a $1 trillion economy in the next 10 years and $3 trillion by 2047. The govt has plans to not only develop Telangana as the number one state in the country but also make it capable of competing with the world," the CM said. While sharing several achievements of the state govt such as Rs 20,600 crore crop loan waiver for farmers, nearly 60,000 govt and one lakh private jobs for the unemployed and other welfare schemes, the CM referred to the apolitical stand of the Congress govt in Telangana for the country by extending full support to the Centre and the armed forces during Operation Sindoor.
Time of India
3 days ago
- Business
- Time of India
CM sets $3 trillion economy target for T by 2047 when India turns 100
1 2 Hyderabad: On the occasion of the 11th Telangana Formation Day on Monday, chief minister A Revanth Reddy set a new target of making the state a $3 trillion economy by 2047 and increasing its contribution to the GDP from 5% to 10%. Speaking at the Formation Day celebrations at Parade Grounds, the CM presented the progress report of the 16-month-old Congress govt and sought the cooperation of all political parties, bureaucracy, industrialists and all sections in the state to make Telangana number one in the country. He said the state govt was working in mission mode to ensure that Telangana plays a pivotal role in developing India into a $30 trillion economy by 2047 when the country would celebrate its Independence centenary. "As part of it, the Telangana Rising 2047 action plan has been prepared to turn the state into a $1 trillion economy in the next 10 years and $3 trillion by 2047. The govt has plans to not only develop Telangana as the number one state in the country but also make it capable of competing with the world," the CM said. While sharing several achievements of the state govt such as Rs 20,600 crore crop loan waiver for farmers, nearly 60,000 govt and one lakh private jobs for the unemployed and other welfare schemes, the CM referred to the apolitical stand of the Congress govt in Telangana for the country by extending full support to the Centre and the armed forces during Operation Sindoor. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo The CM said the govt was moving fast to promote the youngest state as the best destination for global investments. The state govt has already inked agreements with companies for more than Rs 3 lakh crore investments. IT giants such as Google, Microsoft, Cognizant, and HCL were already expanding their operations in Hyderabad, he said, adding that this was the first step under 'Telangana Rising' project. "Plans are in the pipeline to develop Hyderabad on a par with other developed metros in the world. A Future City is also being developed in 30,000 acres with state-of-the-art facilities which will be a destination for investments from around the world. AI City, Pharma City, Sports City, Life Sciences and Health City are also being developed," he said. Pointing to the bills on 42% quota for backward classes and SC categorisation, the CM said Congress govt rectified the wrongdoings of the previous govt (BRS) which had failed to fulfil the aspirations of people despite being in power since state formation in 2014. Earlier, the CM paid tributes to Telangana martyrs at Gun Park near the assembly before going to Parade Grounds in Secunderabad where he hoisted the national flag and inspected the parade. The mayor of Kitakyushu City in Japan, Kazuhisa Takeuchi, attended the Telangana Formation Day celebrations as a special guest. CM honours poets, writers, cops CM A Revanth Reddy presented a cash reward of Rs 1 crore each to nine eminent persons including folk singers, writers, artists and poets who played a crucial role in the statehood agitation. They include Ande Sri, Aekka Yadagiri Rao, Suddala Ashok Teja, Jayaraju, Pasham Yadagiri, Goreti Venkanna, and posthumously to balladeer Gaddar, Bandi Yadagiri and Guda Anjaiah. The awards of Gaddar and Anjaiah were collected by their families, while there was no one present from Yadagiri's family. Venkanna's award was received by his daughter as he is on a foreign tour. The prestigious Kaloji Sahitya Puraskaram was presented to Nalimela Bhaskar. As many as 19 police officers were presented with Medals for Gallantry and 11 other officers with Medal for Meritorious Service by the CM.
India Today
3 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
3 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
3 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.
