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- Hyderabad, Medchal, Rangareddy among the top 3content
- Followed by Hanmakonda, Mancherial, Peddapalli
- Urgent need for improving urban infrastructure
- Municipal Administration department requires better budget allocations
King Johnson Koyyada: Population in urban areas of Telangana, is increasing. The latest figures released by the Telangana State Planning department indicate that migration from rural areas to nearby urban areas is on the rise. The government should develop the infrastructure in densely populated areas on a priority basis which would prompt the developers to undertake new housing projects in the respective areas. This would also ensure an increased real estate activity which in turn would improve revenues for the State government.
of 3.08 lakhs are residing in the towns. Khammam has 3.16 lakh urban dwellers, Jagitial 2.21 lakh, Nirmal 1.51 lakh and Rajna Sirisilla districts 1.16 lakh urban dwellers.
As the population in urban areas of the State is increasing, the Telangana government needs to spend a large amount of funds to increase the urban infrastructure. In the 2022-2023 budget, there is a need to allocate more funds for the Municipal Administration department. Infrastructure such as roads, drinking water, electricity and drainage should be developed in towns and cities. Only then, people will come forward to build own houses in the respective areas. Otherwise, all urban areas are in danger of becoming slums.
Realty sector contributing more than agriculture
India recorded a growth rate of minus 3 percent, while Telangana recorded a growth rate of 2.4 percent. In the year 2020-21, the GSDP of Telangana was Rs 9,80,407 crores. India’s GDP stood at Rs 1,97,45,670 crore. Thus, Telangana’s share in the domestic GDP has reached almost five per cent as against 4.1 per cent in 2011-12.
IT registers 13 percent growth
The IT sector in Telangana has grown at a rate of 13 per cent in 2020-21. The value of IT exports stood at about Rs 1,45,522 crore. The previous year’s figure was Rs 1,28,807 crore. Similarly, new employees in the Telangana IT sector grew by eight percent.
