Mr. K. Chandrashekar Rao, the Chief Minister of Telangana, gave speech on the occasion of the 8th Telangana Formation Day, on the 2nd of June, Thursday.
Addressing an event, organised at the Nampally Public Garden, the President of the Telangana Rashtra Samithi (TRS) Mr. K. Chandrashekar Rao said, “The state has reached greater heights regarding development.”
Mr. K. Chandrashekar Rao extended the State Formation Day greetings to the people and assured further progress of the State. He also highlighted the growth of the Telugu State under the leadership of the TRS in the last eight years.
KCR explained the success of Telangana in all the sectors in the last eight years that no other state in the country has achieved in 75 years. He said he is all proud that the state stands as an ideal for the country in many areas including economic growth, per capita income growth, power supply, drinking water, irrigation, public welfare, and industrial and IT sectors.
Mr. K. Chandrashekar Rao said, “In a short span of eight years it has become a beacon to guide the country itself; undoubtedly, all this was possible due to the blessings of the people and the dedication of the government staff. We have increased our sources of income with strict, rigorous financial discipline.”
Highlighting figures, Mr. K. Chandrashekar Rao said, Telangana topped the country with an average economic growth rate of 17.24%. Furthermore, the Indian Economic Survey 2020-21 congratulates Telangana on its speedy recovery from the crisis created by the Wuhan virus, also known as the Novel Coronavirus (COVID-19) pandemic.
Mr. K. Chandrashekar Rao said, “When Telangana was formed in 2013-14, the state’s GDP (Gross Domestic Profit) was Rs. 5,05,849 and reached Rs. 11,54,860 crore by 2019.”
KCR as always known said that Telangana has also achieved a record increase in per capita income from Rs. 1,24,124 in 2014-15 to Rs. 2,78,833 by 2021-22, which is 86% more than the national average of Rs 1,49,848.
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