With KCR Vision Telangana on Growth Path: KTR

Hyderabad, June 10 (Hydnow): IT Minister KT Rama Rao today stated that Telangana achieved more growth in all sectors despite crisis period compared to national level.

He released an annual report of Industries and IT for 2020-21 year at MCR HRD here with officials.

We attract global companies like Amazon, Google and others and huge investments show great story of the new state he said.

Due to foresight, policies and vision of Chief Minister K Chandrashekhar Rao and collective efforts Telangana is on growth path KTR said. We have been making efforts to achieve more development of the State and implement welfare programs he informed. For transparency we release the annual report which reflects our responsibility to ensure continuous development.

The Minister said that the state IT Jobs doubled from 3.23 lakh to Rs 6.28 lakh in 7 years. As many as 20 lakh people are working in IT sector in the state. The centre has to help micro and small businesses by using stimulus package funds he urged.

The Minister said that state Gross State Domestic Product (GSDP) is 9.78 lakh crore in 2020-21 and agriculture and allied sectors growth is 20.9 percent more. He also said that national per capita income is 1,27,768 , Telangana per capita income is 2,27,145. The Minister said that IT exports rise from 1.28 lakh cr in 2019-20 to Rs 1.45 lakh cr in 2020-21.

He urged the centre to allot funds to states as part of Rs 20 lakh crore stimulus package it offered for make in India program efficiently. We will launch IT companies and industries to second grade cities for providing employment, and boost agriculture revenue.

Mahabub Nagar, Nizamabad, Nalgonda and other districts will get IT towers in about two years besides food processing units at necessary locations. (Hydnow)

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