Information Technology Investment Region (ITIR) project with an estimated investment potential of Rs. 2.19 lakh Crores and employment opportunity for nearly 68 lakh people in Hyderabad remains a non-starter because of deficient planning by TRS government in Telangana. Moreover, lack of initiative by TRS government to take up this mammoth project leaves behind a trail of unanswered questions.
Posts tagged as “Telangana”
As per Telangana's latest Budget for the financial year 2018-19, out of the total state taxes of Rs. 73,752 Crores, the revenues from liquor sale is projected to be Rs. 21,600 Crores. Or, out of every ten rupees Telangana mops up, three rupees come from excise and VAT collected on liquor sale. During the TRS regime, the compound annual growth rate (CAGR) of revenues collected from liquor sale is 26%.
In Telangana, four lakh graduates are actively looking for a job and still unemployed. Or to put it in other words, one out of five graduates in Telangana is struggling hard to get a job by attending job interviews etc., but by end of the day comes home with battered shoes and shattered dreams.
In-depth research on Telangana Budgets and CAG audit reports show a shocking tale of under-utilization of funds allocated for various welfare schemes. This article focuses on how TRS regime failed to fulfill one of its core promise - double bedroom houses for the poor.