TG aiming to be a global model for innovation, welfare: Governor
Elaborates on administration's strategic blueprint, 'Telangana Rising-2047,' which envisions state evolving into a $3 trillion economy by 2047
image for illustrative purpose
Hyderabad: Telangana Governor Shiv Pratap Shukla stated that the State government is building a Telangana that is a leader in innovation, a haven for the vulnerable, and a model for the world.
The Telangana Assembly's Budget Session commenced on Monday, marked by the Governor's address to a joint assembly of both legislative chambers. During the joint session of the Telangana Legislature, Governor Shiv Pratap Shukla presented the Congress government's ambitious objectives and highlighted its accomplishments since assuming leadership in Telangana.
He elaborated on the administration's strategic blueprint, 'Telangana Rising-2047,' which envisions the state evolving into a $3 trillion economy by 2047, with an intermediate milestone of $1 trillion set for 2034. The Governor also indicated that the state's Gross State Domestic Product (GSDP) for the 2025-26 fiscal year is projected to reach Rs17.82 lakh crore, anticipating a growth rate of 10.7 per cent and a per capita income of Rs4.18 lakh.
"Telangana stands at the threshold of an extraordinary transformation. This Budget is not just about financial allocations—it is about shaping a stronger, more resilient Telangana. It is a roadmap for progress, a commitment to justice, and a promise to every citizen that their aspirations matter," the Governor said.
He stated that the resolve of the government is unshakable and every policy, every initiative, and every reform introduced is aimed at creating opportunities, empowering people, and driving inclusive growth. The vision is clear, the direction is set, and the momentum is unstoppable, he said.
The Governor said Telangana would compete with the developed global cities and countries and reiterated that taking inspiration from the successful models across the globe Telangana would achieve 3 trillion dollar economy by 2047.
The Governor said the state government has prepared plans to promote Eco-Temple Tourism, integrating spiritual heritage with sustainable tourism development in Telangana. In preparation for the upcoming Godavari Pushkaralu next year, the government will undertake the development of temples located along the banks of the Godavari River, from Basar to Bhadrachalam, ensuring better infrastructure and facilities for pilgrims.
Through these initiatives, the government continues to strengthen Telangana’s spiritual heritage while promoting tourism and regional development, he said.
Shiv Pratap Shukla further stated that the State government is revitalising Hyderabad’s ecological corridor through the 55 km Musi Riverfront Transformation Project, extending from the Osman Sagar and Himayat Sagar reservoirs to Gandhi Sarovar. He said the Phase-I of the project is currently under implementation. As part of Musi rejuvenation, Godavari phase 2 & 3 projects are already sanctioned and works are in brisk progress. This project will provide 2.5 TMC water for Musi rejuvenation by linking Osman sagar and Himayath sagar and 300 MGD drinking water to CURE area.
