Wednesday, 23 June 2021 »  Login
I am at

Telangana Growing Under KCR: KTR

Minister K T Rama Rao today stated that Telangana had been seeing high growth across all sectors despite the current crisis.
Hyderabad | 10th June 2021
Telangana IT and Industries Minister K T Rama Rao today stated that Telangana had been seeing high growth across all sectors despite the current crisis and the deceleration of national growth rates, an impact of the current Covid-19 pandemic.

Speaking after releasing an annual report on industries and IT for 2020-21 at the MCRHRD, the minister spoke about the high investment that Telangana had attracted.

"We have been attracting investments from big transnational companies like Amazon and Google. The fact that such firms make huge investments in Telangana shows the great success of our policies and vision. Due to the foresight, policies and vision of Chief Minister K Chandrashekar Rao and the collective efforts of our leaders and officials, the state is on a path of high growth. Today, we have overtaken Bangalore in providing space and a conducive ecosystem to IT and ITES offices. Growth is our central concern," KTR said.

"We have been making continuous efforts to achieve increased levels of development and have been implementing many welfare programs for the benefit of our people. For the cause of transparency, we release an annual report which reflects our accountability and responsibility. The report itself is evidence of our commitment to ensuring continuous development," he added.

Claiming that the number of IT sector jobs in Telangana had doubled from 3.23 lakh to 6.28 lakh in just seven years, the minister said, "As many as 20 lakh people are working in the IT sector of our state. For further growth, the Centre must help micro and small businesses through the provision of packages of stimulus funds."

He then cited the state's growth figures and stated, "Telangana's Gross State Domestic Product (GSDP) was Rs 9.78 lakh crore in 2020-21, and agriculture and its allied sectors saw a growth of 20.9%. Where the national per capita income is Rs 1,27,768, in Telangana it is Rs 2,27,145. IT exports have also risen in the state from Rs 1.28 lakh crore in 2019-20 to Rs 1.45 lakh crore in 2020-21."

"I would urge the Centre to allot funds to states as part of the Rs 20 lakh crore stimulus package it had offered for the Make in India program in an efficient manner. We will launch IT companies and industries in second-tier cities to provide employment. We will also work to boost agriculture revenue. Mahabubnagar, Nizamabad, Nalgonda, and several other districts will get IT towers in about the next two years besides also getting food processing units wherever necessary," KTR said.
filed in:  Telangana, KCR, K T Rama Rao, Development, Information Technology
Be the first to comment on Telangana Growing Under KCR: KTR! Just use the simple form below.
LEAVE A COMMENT has 700,000+ monthly visits. Tell Hyderabad what you feel about Telangana Growing Under KCR: KTR!
[no link to your name will appear, overriding global settings]
To preserve integrity, allows ratings/comments only with a valid email. Your comments will be accepted once you give your email, and will be deleted if the email is not authenticated within 24 hours.
My name:

Dissatisfied with the results? Report a problem or error, or add a listing.
{{ todo.summary }}... expand »
{{ todo.text }} « collapse
First  |  Prev  |   1   2  3  {{current_page-1}}  {{current_page}}  {{current_page+1}}  {{last_page-2}}  {{last_page-1}}  {{last_page}}   |  Next  |  Last


This page was tagged for
hyderabad June 2021 News
Telangana news
KCR updates
Follow on
© Copyright 1999-2009 LRR Technologies (Hyderabad), Pvt Ltd. All rights reserved. fullhyd, fullhyderabad, Welcome To The Neighbourhood are trademarks of LRR Technologies (Hyderabad) Pvt Ltd. The textual, graphic, audio and audiovisual material in this site is protected by copyright law. You may not copy, distribute, or use this material except as necessary for your personal, non-commercial use. Any trademarks are the properties of their respective owners. More on Hyderabad, India. Jobs in Hyderabad.