KTR Writes To Central Govt, Demands Rs 14,000 Crores For Industrial Projects Development In Telangana
Mr. K.T. Rama Rao, the Information Technology and Urban Development Minister of Telangana, demanded Rs. 14,000 crores for development projects in Telangana.
Ahead of the Union Budget 2022-2023, the Telangana Rashtra Samithi (TRS) Minister wrote several letters to the Union Finance Ministry. In the letter, addressed to the Union Finance Minister Mr. Rama Rao demanded financial support from the Centre.
The support was asked for key projects like Hyderabad-Bengaluru, Hyderabad-Vijayawada, Hyderabad-Warangal and Hyderabad-Nagpur industrial corridors as well as the Hyderabad Pharma City project that has bagged the National Investment and Manufacturing Zone (NIMZ) status. In addition, KTR has urged the FM to sanction additional nodes at Mancherial (3,000 acres) under the Hyderabad-Nagpur corridor, Huzurabad as part of the Hyderabad-Vijayawada corridor and Jadcherla-Gadwal-Kothaguda node under the Hyderabad-Bengaluru corridor.
Mr. K.T. Rama Rao also sought provision of Rs. 5,000 crore for these three nodes in the budget estimates for 2022 and 2023, including Rs. 2,000 crore for Mancherial and 1,500 crore each for Huzurabad and Jadcherla-Gadwal-Kothaguda nodes.
On the approved nodes at Hyderabad Pharma City and NIMZ Zaheerabad under the Hyderabad-Warangal and Hyderabad-Nagpur corridors, that the Centre has agreed to fund, KTR has asked for a budgetary provision of Rs. 2,000 crore each. He has also sought release of grant in aid of over 5,000 crore for the master planning as well as development of internal, external and technical infrastructure for the establishment of Hyderabad Pharma City as a NIMZ in Rangareddy district. KTR has also made a pitch to Sitharaman to include Hyderabad in the proposed defence industry.
The Union Finance Ministry is yet to respond to these demands and financial support.
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