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Govt’s focus on revival of Telangana economy: CM Revanth

© Provided by The Rahnuma Daily

Govt’s focus on revival of Telangana economy: CM Revanth

Hyderabad, June 2 (NSS): Chief Minister A Revanth Reddy has informed that the State government is focusing on the revival of the Telangana economy for increasing the wealth and distribute the same to the poor.

Addressing at the Telangana Formation Day celebrations at Parade Grounds here on Sunday, the Chief Minister said the State economy was completely ruined when the Congress government came to power in Telangana.

“The debt burden on the State was mounted to Rs 7 lakh crore. The State government has presented a white paper in the Assembly and explained the facts to the people.

Besides strengthening the economic condition, the government will also give priority to welfare and development of the State. Salaries to government employees and pensioners are being paid on the first day of every month,” Revanth Reddy said.

Stating that the State government is laying a strong foundation by conceiving long term plans for future generations, the Chief Minister said the  ‘Green Telangana – 2050 Master Plan ‘  is being prepared  for the entire Telangana.

“We are dividing the Telangana State into three zones. The area within Hyderabad Outer Ring Road (ORR) is Urban Telangana and the area between Outer Ring Road and Regional Ring Road (RRR) will be Sub Urban Telangana. Rural Telangana is defined as the area from the Regional Ring Road  to the borders of Telangana State,” he disclosed.

He further stated that under the mega plan, the government will clearly announce where the development should take place in the three zones and what kind of infrastructure should be built.

Revanth Reddy said the State government has envisaged plans to transform the river Musi catchment area into an employment generation zone  through the Musi riverfront development project.

“Rs 1,000 crore have already been allocated for the project. The proposed project will definitely enhance the brand image of Hyderabad and reach it to another level. There are three dimensions in this: tourism, economy and environment. Musi will also fetch irrigation needs of the erstwhile Rangareddy and Nalgonda districts,” the Chief Minister said.

Speaking about the Metro Rail expansion, the Chief Minister said the State government is planning to complete the expansion works to meet the growing transportation needs of the people.

“At first, we will try to complete the Regional Ring Road at the earliest. Similarly, the priority will be given to complete the irrigation projects to provide more water at lower cost. We will take certain decisions for the revival of the State economy,” Revanth Reddy added. (NSS)

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