CM Revanth: Telangana to become $ 1trn economy by 2047

CM Revanth

Rama Krishna Sangem

Chief Minister A Revanth Reddy unveiled an ambitious plans to make Telqangana, formed 11 years ago, a one trillion US dollars economy by  2047, in next 22 years.

Telangana is working to become a $3 trillion economy by 2047 as the country aspires to achieve $30 trillion by then, Chief Minister A Revanth Reddy said here on June 2, Monday. Speaking at the Telangana Formation Day celebrations, Reddy said the state government hopes to contribute 10 per cent to the national GDP by 2047.

“India is making efforts to emerge as a $30 trillion economy by 2047. As India and the (Central) government are making plans to become $30 trillion, we brought the Telangana Rising 2047 policy document to make the state a partner in it, to put the state at the top,” he said.

As part of its goal, the state government has introduced several policies, including energy, tourism, industries, investments and health, he said.

All these policies together form the vision of ‘Telangana Rising 2047’. This envisions making the state compete with the world, he said.

The CM said the government is making efforts with the aim of transforming the state into a $one trillion economy in 10 years and a $3 trillion economy by 2047 (to help the country become a $30 trillion economy).

Telangana’s population forms only 2.5 per cent of the country’s current population, but the state contributes five per cent to the national GDP, he said. The government aims to increase the state’s contribution to the national GDP to 10 per cent by 2047, he said. The CM urged doctors, engineers, bureaucrats, businessmen and other sections of society to support the government in its endeavour.

 

Hyderabad, world class citgy 

Revanth Reddy, who highlighted the welfare and development initiatives, said the government is firming up plans to make Hyderabad comparable to world cities, including to restore the past glory of Musi river in the city and to develop Bapu Ghat, a memorial for Mahatma Gandhi, as ‘Gandhi Sarovar’ as per international standards.

Observing that major cities in the country have developed gradually since old times, he said the government is developing a fully-planned ‘Bharat Future City’ near the city’s RGI airport.

Telangana formation day is grandly celebrated by other major political parties – BRS and BJP – too. Former CM KCR and BRS working president KTR and Union Coal Minister Kishan Reddy greeted people on the occasion.

 

Rama Krishna Sangem

Ramakrishna chief editor of excel India online magazine and website

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Ukraine's major attack on Russia: Lessons for India

Mon Jun 2 , 2025
Rama Krishna Sangem Entire world got stunned this weekend as a smaller country, Ukraine, carried a major military attack on Russia and inflicted severe damage […]
Ukraine war, Russia invasion

You May Like

Chief Editor

Rama Krishna Sangem

Excel India national news magazine is a media startup founded and piloted by Rama Krishna Sangem, a Hyderabad based senior journalist with over three decade experience in the field of media, mostly in print journalism. His rich experience in reporting for both Telugu and English newspapers and heading a TV news channel and some online outfits will be of immense use to this venture. Excel India English news magazine seeks to fill the gap of analytical understanding to our readers who today are confronted with myriad media platforms. Our online version not only offers regular updates and commentary on happenings around us, but also gives larger stories not limited by space constraints of a print magazine. Excel India is ably run by a team of senior journalists committed to values and quality standards in the profession. We urge you all to support and guide us in this endeavour. Reach us at excelindiaweb123@gmail.com