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6d ago

Telangana Celebrates 11th Formation Day As CM Unveils $3 Trillion Vision

Leveraging rail expansions alongside loan waivers, the plan envisions urban development coupled with social support to underpin sustained growth.

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Hyderabad, Jun 01 (ANI): Telangana Chief Minister Revanth Reddy greets the gathering, on the occasion of Telangana Formation Day, at Secunderabad Parade Grounds in Hyderabad on Monday. (ANI Photo) (Telangana CMO - X)
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Overview

  • Chief Minister A. Revanth Reddy launched the Telangana Rising 2047 vision targeting a $1 trillion economy by 2035 and $3 trillion by 2047.
  • Major infrastructure projects announced include Metro and Regional Rail expansions, a Regional Ring Road and a 30,000-acre Future City development.
  • Social initiatives highlighted on Formation Day involve waiving agricultural loans up to ₹2 lakh and filling over 60,000 government positions since December 2023.
  • Eleven Formation Day ceremonies honoured nine Telangana movement veterans with ₹1 crore awards alongside gallantry and meritorious service medals for police officers.
  • Statehood greetings poured in from Prime Minister Modi, President Murmu and Andhra Pradesh CM Naidu, while the BRS held events in Hyderabad and Dallas as K. Chandrashekar Rao stayed away ahead of Kaleshwaram probe hearings.