New Delhi: 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 Monday.
Speaking at the Telangana Formation Day celebrations , Reddy said the state government hopes to contribute 10 per percent to the national GDP by 2047 .
For the achievement of the 30 trillion economy by 2047, as per the planning of the central government, to partner with this, the government of Telangana has launched the Telangana Rising 2048, a policy document to partner in it , to put the state at the top, he said.
The CM said the government is making efforts with the aim of transforming the state into a $1 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 percent of the country’s current population, but the state contributes 5 per percent to the national GDP, he said.
The government aims to increase the state’s contribution to the national GDP to 10 per percent by 2047, he said.
The CM urged doctors, engineers, bureaucrats, businessmen and other sections of society to support the government in its endeavour.
Reddy, who highlighted the welfare and development initiatives, said the government is firming up plans to make Hyderabad comparable to world cities, including restoring the past glory of the Musi River in the city and developing Bapu Ghat, a memorial for Mahatma Gandhi, as ‘Gandhi Sarovar’ as per international standards at RGI airport.
The CM hoisted the national flag and inspected the parade on the occasion.
He presented a cash reward of Rs one crore each to nine eminent persons, including late folk singer Gaddar, who played a key role in the Telangana statehood agitation. The cash rewards were received by the concerned family members in the case of some of the eminent persons.
The Mayor of Kitakyushu City in Japan, Kazuhisa Takeuchi, attended the Telangana Formation Day celebrations as a guest.
After a protracted agitation for statehood, Telangana came into existence on June 2, 2014, following the bifurcation of undivided Andhra Pradesh.
(Subham Singh)
