Telangana per capita income soars to Rs 3.17 lakh: KCR

 

 

 

TELANGANA’S per capita income grew to Rs 3.17 lakh from Rs 1.24 lakh, even as the Gross State Domestic Product went up to Rs 13 lakh crore from a little over Rs 5 lakh crore in the past nine years, Chief Minister K Chandrasekhar Rao said on Friday. Narrating Telangana’s achievements since its formation on June 2, 2014, Rao after hoisting the national flag at the Secretariat said the State’s installed power generation capacity increased to 18,453 MW from 7,778 MW nine years ago.

“In 2014, the per capita income of Telangana was only Rs 1,24,104. With the progress achieved by the Telangana Government, today the per capita income of our State has increased to Rs 3,17,115. Telangana, which is only 10 years old, is better than the big States in the country in terms of per capita income,” KCR, as Rao is also known, said. “In 2014, the GSDP value of the State was only Rs 5,05,849 crore, but today the State’s GSDP has increased to Rs 12,93,469 crore as all sectors of the State are financially supported,” he further said. According to him, the State has achieved 115 per cent growth in GSDP despite crises such as COVID-19 pandemic and demonetisation in 2016.

President, PM greet people on Telangana State Formation Day: PRESIDENT Droupadi Murmu and Prime Minister Narendra Modi greeted the people of Telangana on the 10th State Formation Day while State Governor Tamilisai Soundararajan, Chief Minister K Chandrasekhar Rao and Union Minister for Tourism G Kishan Reddy separately hoisted the national flag on the occasion here.

Telangana was carved out of Andhra Pradesh following a decades-long agitation and accorded statehood on this day in 2014. Murmu greeted the people of Telangana on its statehood day and said the beautiful State is emerging as a hub of innovation. Telangana saddled with Rs 8 lakh crore loans: Union Minister: UNION Minister for Tourism G Kishan Reddy slammed the K Chandrasekhar Rao-led BRS Government for plunging Telangana into a debt trap on the back of alleged rampant corruption and suicides of farmers. After hoisting the national flag at the historic Golconda Fort on Telangana’s 10th State Formation Day, Reddy said Telangana borrowed over Rs 8 lakh crore worth loans from various organisations.