$3 trillion economy goal for Telangana by 2047 when India turns 100, says 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.
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