Mr Rao said that while Hyderabad-Bangalore is best suited for the Defense Industrial Production Corridor, the Center has chosen Bundelkhand for political reasons.
Mr Rao said that while Hyderabad-Bangalore is best suited for the Defense Industrial Production Corridor, the Center has chosen Bundelkhand for political reasons.
Telangana Industries and IT Minister KT Rama Rao has said that the state has emerged as one of the most successful startups in the country, in a short span of time, based on its achievements on the fronts of innovation, infrastructure development and inclusive growth.
“I talk about the most successful startup in 75 years of independent India, which is Telangana state,” he said at a CII event, 125% increase in per capita income from ₹1.24 lakh to ₹2.78 lakh and GSDP Increasing from ₹. 4.99 lakh crore to ₹11.54 lakh crore in the seven years since the formation of the state.
The Minister, who was addressing the Telangana Leadership Summit to coincide with the CII Telangana State Annual Meeting 2021-22 in Hyderabad on Wednesday, said innovation was equally important for the government and its policies as was the quantum of investment received under TS-iPASS. is clear from. Policy that promises time bound, single window clearance to industrial projects. Since its launch, 18,000 projects with a total investment of Rs 2.3 lakh crore and likely to create 16 lakh jobs have been approved under the policy.
He said innovation has been the cornerstone for many other policy measures in the state, including building approvals and in the areas of rural development and Panchayati Raj. Several initiatives of the state have also been replicated by the Centre, including the Mission Bhagirath project for piped water supply to every household and the Rythu Bandhu scheme for input subsidy to farmers.
Also to increase agricultural production, the state government has implemented Kaleshwaram project, which is the world’s largest lift irrigation project. This has increased the availability of electricity – the installed generation capacity has increased from 7,000 MW to 16,000 MW – with substantial investments.
Mr Rao, who has repeatedly accused the Center of ignoring the state for major projects in recent months, said the Hyderabad-Bengaluru was best suited for the Defense Industrial Production Corridor due to the ecosystem already available , the center may have selected Bundelkhand for political reasons. “Telangana is also a part of India,” he said.
Stating that the time has come for India as well as the Center to back up its ideas and slogans with reforms and policies, the Minister urged the CII Telangana team to reach out to the powers in Delhi in the matter of Telangana.
Earlier, Deepak Bagla, MD & CEO, Invest India lauded Telangana’s initiatives and efforts, which include the most effective single window clearance system for industrial projects. Noting that leadership matters, he said the state’s GDP, at $170 billion, was more than the GDP of Kuwait and Qatar, with Telangana ahead of Maharashtra, Tamil Nadu, Uttar Pradesh, Gujarat, Karnataka and West Bengal. Can do more with Catch.
Bharat Biotech CMD Krishna Ella, Telangana IT Secretary Jayesh Ranjan and CII-TS leaders Sameer Goel and Vagish Dixit spoke in the inaugural session.