Per capita income in TS highest in country: KCR
It has grown to Rs 3.17 lakh from Rs 1.24 lakh, the Chief Minister said during the launch of 21-day fete
image for illustrative purpose
Hyderabad: 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.
KCR made this statement after the launch of State formation day celebrations. He hoisted the national flag and paid tributes to the Telangana martyrs. The chief minister also took the salute from police contingents at a colourful ceremony held at the newly-created State Secretariat. Attended by about 15,000 people, the ceremony marked the beginning of 21-day celebrations across the State.
Narrating Telangana’s achievements since its formation on June 2, 2014, Rao 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, also known as Rao, 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.
Rao said Telangana is the only state where 100 per cent households are supplied with purified fresh water through taps. Assuring all-round development, he said his government will distribute titles of 4 lakh acres of 'Podu' land to 1.5 lakh tribals from June 24. The Chief Minister said as many as 1.50 lakh families will be given 'Dalit Bandhu' scheme in the second phase. Under the scheme, Rs 10 lakh will be given to a Dalit family for the purpose of setting up business of the beneficiary's choice. It is a historic achievement that Telangana has overcome "ambiguities and hurdles" to become the most formidable economic power in the country, Rao further said. The Telangana government has decided to celebrate the 10th Formation Day on a grand scale for 21 days beginning June 2.
State ministers and district collectors led the celebrations held in all 33 districts. They unfurled the national flag and reviewed the parade by police. During their speeches, they highlighted the rapid strides made by the state in a short span of time.
The formation day celebrations were also organised at Raj Bhavan, where Governor Tamilisai Soundararajan unfurled the national flag. For the first time, the government of India also organised Telangana formation day. Union Minister for Culture and Tourism G Kishan Reddy unfurled the national flag at Golconda Fort.
Telangana formation day celebrations were also held at Telangana Legislative Assembly and Council. Speaker Pocharam Srinivas Reddy hoisted the national flag at the Assembly. Council chairman G Sukhender Reddy unfurled the national flag at Council premises. Formation day was also celebrated at Telangana High Court. Chief Justice Ujjal Bhuyan hoisted the national flag.