HYDERABAD

Vastu-loving KCR ignored Ramappa, demolishing heritage sites: Revanth Reddy

 TPCC president A. Revanth Reddy gets a warm welcome during his visit to the Ramappa temple before the start of day two of the padayatra. (Photo by arrangement) MULUGU: On the second day of his ‘Haath Se Haath Se Jodo’ yatra,  TPCC president A. Revanth Reddy on Tuesday alleged that BRS president and Chief Minister K. Chandrashekar Rao, a strong believer in astrology and Vaastu, was not focusing on public issues but on demolishing heritage landmarks, including Nizam-era buildings in the old Secretariat complex, following the advice of his advisers. Before beginning the padayatra on the second day in Palampet village of Mulugu district on Tuesday, he examined the area around the well-known Ramappa temple, which was recognised by Unesco as…

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Development of entire Hyderabad is Telangana Govt’s ultimate moto: KTR

KT Rama Rao said that as part of the SRDP, the works to strengthen the road network in the old city area were going on at a brisk pace and several flyovers, construction of roads were completed MA&UD Minister KT Rama Rao in a high-level review meeting on the development of the old city of Hyderabad on Tuesday. Hyderabad: Development of entire Hyderabad, irrespective of parties and places, is the ultimate motto of the Telangana government, said the Municipal Administration and Urban Development (MA&UD) Minister KT Rama Rao. In a high-level review meeting on the development of the old city of Hyderabad here on Tuesday, the Minister listed out the works underway and progress achieved in providing drinking water, power supply, mobility infrastructure, sanitation,…

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TS Medical Devices Park leads the way for ‘Made in Telangana’

Almost every advanced med device is now being manufactured in State Source: lifesciences.telangana.gov.in Hyderabad: From days when people here had to wait for long to get quality stents and catheters to be imported, Telangana is now home to Asia’s largest stent manufacturing facility with a capacity of million stents and 1.25 million balloon catheters. And the situation has now changed such that ‘Made in Telangana’ stents and catheters are now being exported to over 89 countries, including the United States, Europe, Japan, Australia and New Zealand. From minimally invasive coronary stent system and its related accessories, surgical, ophthalmic and cosmetic medical devices and medical dressings, dental and maxillofacial implants, prosthetics, disinfection equipment, disinfectants, hospital HVAC (Protective Environment Control) systems to single use needles,…

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Services sector blooms in Telangana

The CAGR of GVA by the services sector in the State was 12.81% between 2014-15 and 2022-23, 2.36 percentage points higher than the All-India average of 10.45%. Representational image. Hyderabad: The services sector remained a dominant sector in Telangana’s economy, with a share of 62.8% in the Gross State Value Added (GSVA) at current (2022-23) prices, according to the Telangana Socio Economic Outlook 2023. The Compounded Annual Growth Rate (CAGR) of Gross Value Added (GVA) by the services sector in Telangana was 12.81% between 2014-15 and 2022-23, 2.36 percentage points higher than the All-India average of 10.45%. The services sector includes trade, repair, hotels, and restaurants, transport, storage, communication, broadcasting, transport, financial services, real estate, and others. The ‘real estate, ownership of dwelling and professional…

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Telangana HC gives green signal to CBI probe in poachgate case

 The Bench also rejected the request of Advocate-General B.S. Prasad for a stay on the judgment to enable the appellants to move the Supreme Court (DC) Hyderabad: A division bench of Telangana High Court on Monday dismissed the state government’s appeals against handing over the investigation into poachgate, the alleged attempt to poach four BRS MLAs, to the CBI, as had been ordered by a single judge bench last year. The single judge had on December 26 ordered the transfer of the investigation to the CBI and disbanded the Special Investigation Team (SIT) constituted by the state government to probe poachgate. Challenging this order, BRS MLA ‘Pilot’ Rohit Reddy, the SIT and the state government had filed six appeals and sought…

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Key players confirm Sarath Reddy’s investments in Delhi liquor scam

 ED arrested Sarath Chandra Reddy in connection with the liquor policy scam. (PTI file image) HYDERABAD: The witnesses whose statements were recorded by the Enforcement Directorate (ED) during the course of investigation into the Delhi liquor scam exposed the involvement of Hyderabad-based businessman and Aurobindo Pharma director P. Sarath Chandra Reddy. In their statements, the witnesses spilled the beans about Sarath Reddy’s business activities since floating entities like Sri Avanathika, Trident and Organomix Eco-Systems Private Limited. Indo Spirit owner Sameer Mahandru, who was first arrested last September, told the ED that scam accused Arun Pillai had a close association with Sarath  Reddy. Abhishek Boinapally and Gorantla Buchi Babu, chartered accountant of the ‘South Group’ cartel of the liquor scam, were associates…

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HMRL, HMAL get lion’s share in state budget

 The Hyderabad Metro Rail Limited (HMRL). (PTI file image) HYDERABAD: Hyderabad Metro Rail Limited (HMRL) and Hyderabad Airport Metro Limited (HMAL) received the lion’s share in the State Budget 2023-24, Rs 2,000 crore and Rs 500 crore respectively, among civic bodies servicing the city. The money allocated to HMRL included Rs 500 crore for the 5.5 km MGBS-Falaknuma Metro Rail line. The HMWS&SB received less money, Rs 1,961 crore against Rs 1,625 crore during the financial year 2022-23, the HMDA Rs 200.1 crore, the Musi Riverfront Development Corporation Limited (MRDCL) allocation remained unchanged at Rs 200 crore and the GHMC was earmarked Rs 95.60 crore. Presenting the State Budget, finance minister T. Harish Rao pointed to the sharp rise in the…

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Socio Economic Outlook: Telangana records robust growth of 15.6 percent in GSDP

GSDP at current prices was Rs.13.27 lakh crore in 2022-23, recording 15.6 percent increase from the previous year of 2021-22 Hyderabad: Indicating a robust economic growth of Telangana, the Gross State Domestic Product (GSDP) at current prices was Rs.13.27 lakh crore in 2022-23, recording 15.6 percent increase from the previous year of 2021-22. Between 2018-21, the share of Development Expenditure in total budget for Telangana was 78.1 percent which is highest among the Indian States whose average Development Expenditure was 68.4 percent during the period. Further, the Per Capita Income (PCI) at current prices in Telangana is Rs.3.17 lakh in 2022-23, which is Rs. 1.46 lakh higher than the national per capita income of Rs.1.71 lakh. Interestingly, the PCI of every district in Telangana…

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Telangana Budget: Panchayat Raj dept gets highest share, Rs 31,426 crore allocated

Rural roads in Telangana are all set to get a black topping with the State government’s allocation of Rs 2,587 crore for laying new roads and maintenance of existing roads Hyderabad: The Panchayat Raj department was given the highest allocation in this year’s budget, of Rs 31,426 crore. This is perhaps the first time that the department was given such a huge budgetary allocation, reflecting the State government’s commitment towards development of rural areas. To begin with, rural roads in the State are all set to get a black topping with the State government’s allocation of Rs 2,587 crore for laying new roads and maintenance of existing roads. “I have good news to local bodies. Chief Minister K Chandrashekhar Rao has decided that from the…

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Telangana Budget: Harish Rao presents tax-free budget of Rs.2.9 lakh crore

The State government gave priority to infrastructure development and public welfare in the latest budget. BY TELANGANA TODAY Hyderabad: Finance Minister T Harish Rao has presented a tax-free budget of Rs 2,90,396 crore for 2023-24 in the State Legislative Assembly here on Monday. Of this, the total revenue expenditure is pegged at Rs 2,11,685 crore and the capital expenditure at Rs 37,525 crore. This is around Rs 34,000 crore more than the previous budget of Rs. 2.56 lakh crore for 2022-23. The State government gave priority to infrastructure development and public welfare in the latest budget. A total of Rs 2,500 crore were allotted to maintenance of Roads and Buildings roads and Rs 2,000 crore for maintenance of Panchayat Raj roads. Around Rs…

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