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Telangana needs rapid infrastructural growth for development

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ASSOCHAM has published a strategy paper titled ?Realising Growth Potential of Telangana?. The report highlights that developing infrastructure in Telangana is essential for reducing costs of economic activities, thereby leveraging public resources to access the large pool of private resources and providing an environment that helps in benefiting from liberalised policies. Although, Telangana has a revenue surplus of Rs 3,555 crore for 2014-15 fiscal, it would be left with a debt burden of Rs 61,000 crore in view of the internal debt burden of over Rs 1.45 lakh crore of united Andhra Pradesh. The burden is an outcome of Central Governmnet?s method of distributing the Rs 18,000 crore debt between the states on the basis of population ratio.

The industry body?s National Secretary General, D S Rawat, informed that ASSOCHAM would be holding ?Invest Telangana? in December this year. The event will showcase investment opportunities in Telangana.

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