7 months ago
2
"Hyderabad is not conscionable the Telangana State superior but a cornerstone of the nation’s economy, and done this Global Summit, we anticipation to pull much investments to Telangana, particularly Hyderabad,” said Union Minister for Coal & Mines G. Kishan Reddy connected Monday.
The Minister assured that the Centre, nether the enactment of Prime Minister Narendra Modi, “is ever acceptable to enactment with the Telangana authorities for the State’s development,” astatine the inaugural league of the lawsuit successful the beingness of Chief Minister A. Revanth Reddy, Deputy Chief Minister Bhatti Vikramarka and his Cabinet colleagues..
Mr. Kishan Reddy noted that Telangana is presently the fourth-largest system successful the state and is poised to ascent to the 3rd presumption soon. Hyderabad is simply a metropolis wherever exertion blends with tradition, subject with spirituality, and practice with creativity. It is thriving arsenic an IT hub, an innovation corridor, a pharmaceutical capital, and an aerospace exertion centre, helium pointed out.
“To further heighten its marque image, we each request to enactment together. Prime Minister Modi has repeatedly called for India to go a developed federation by 2047, a imagination that tin lone beryllium realised with the progressive practice of States,” affirmed Mr. Reddy.
The Union Minister emphasised that States indispensable vie to pull industries, startups, talent, and planetary investments. Such steadfast contention among States volition rise standards and alteration reforms, yet providing amended services to the people, helium said.
Since Mr. Modi assumed office, India has emerged arsenic 1 of the astir almighty nations successful the world. From poorness eradication and integer empowerment to accelerated infrastructure development, husbandman welfare, and startup promotion, the state has progressed crossed each sectors, said Mr. Kishan Reddy.
Between 2014 and 2025, overseas nonstop investments worthy $748.78 cardinal person flowed into India, showing a 143% summation compared to the erstwhile decade. Reforms introduced by the Modi authorities person brought transparency, accountability, and corruption-free governance, boosting capitalist confidence. Global investors present presumption India arsenic a harmless destination for investments, helium noted.
Listing the Centre’s contributions to Telangana and Hyderabad, helium said implicit ₹10 lakh crore has been provided done taxes, grants, and centrally sponsored schemes. About ₹1.5 lakh crore has been allocated for nationalist road development, corridors, and roadworthy expansion. For railway projects specified arsenic caller lines, doubling, tripling, electrification, and signalling - ₹32,000 crore has been sanctioned.
Additionally, 42 railway stations are being upgraded with ₹2,500 crore nether the Amrit Bharat Station Scheme. The archetypal signifier of the railway manufacturing portion astatine Kazipet, costing ₹521 crore, is astir complete. At Ramagundam, a caller ₹11,000 crore 1,600 MW NTPC thermal powerfulness works was built and plans for an further 2,400 MW works are underway.
The PM MITRA Textile Park successful Warangal volition make employment for 1 lakh people, portion the Zaheerabad Industrial Corridor is being developed with ₹2,300 crore. Prestigious institutions specified arsenic AIIMS Bibinagar, IIT Hyderabad, DRDO, HAL, BDL, and MIDHANI are located successful Hyderabad, playing a important relation successful Telangana’s publication to India's economical growth, helium added.
