Suryaa Now Telangana News Desk: Chief Minister A. Revanth Reddy stated that the Telangana government provides full support to entrepreneurs and emphasized that there is no policy paralysis in the state. He noted that the government has formulated specific policies to provide land, water, permissions, and infrastructure for investments. The government aims to elevate the state to international standards in education, healthcare, industry, and service sectors.
The Chief Minister highlighted that educational institutions like ISB and NALSAR have played a key role in attracting investments to Hyderabad. He expressed hope that organizations like PHFI will help bring international recognition to the city's medical sector. The government is spending Rs 12,000 crore on hospital development, including the construction of the new Osmania Hospital in Goshamahal and the operationalization of TIMS hospitals.
CM Revanth Reddy announced the "Telangana Rising 2047" vision, aiming to make Telangana a developed state by 2047. The state targets becoming a $1 trillion economy by 2034 and a $3 trillion economy by 2047, with a goal to increase Telangana's share in the national GDP to 10 percent. He affirmed that the government continues the positive policies of previous administrations, prioritizing development regardless of political differences.
Infrastructure projects are a priority, with the Regional Ring Road (RRR) being developed beyond the Outer Ring Road. Tenders have been called for 160 kilometers of the RRR, with plans to develop the manufacturing sector across 10,000 square kilometers around it. The government will host the Telangana Global Summit on December 7, 8, and 9.
The Chief Minister noted that Hyderabad contributes approximately 65 percent of the state's revenue, and Ranga Reddy district has the highest per capita income in the country. He highlighted that Hyderabad is a hub for the pharmaceutical sector, producing 40 percent of the country's bulk drugs, and mentioned that Eli Lilly is proposing a $1 billion investment in the city.
Regarding healthcare, the government spends approximately Rs 2,500 crore annually through Aarogyasri and the Chief Minister's Relief Fund. The government aims to complete the PHFI project by June 2, 2028, and the Chief Minister announced that he would serve as its brand ambassador. He also emphasized the urgent need to clean the Musi River to protect the health of people in Nalgonda district.