Telangana Government Releases 8th Anniversary Progress Report


K Chandrashekar Rao released the annual IT performance report.

Hyderabad (Telangana):

On the eighth anniversary of K Chandrashekar Rao’s rule in Telangana on Thursday, coinciding with state formation day, the government released a 172-page ‘progress report’ highlighting development work made during the mandate for the benefit of the public.

In its report on the occasion of the state formation day, the government defined the schemes that have benefited a large part of the population of the state via Shaadi Mubarak, KCR kits, Kalyana Laxmi, Rythu Bima , Rythu Bandhu, Aasara pensions, among others. .

According to the report, nearly 63 lakh farmers have received Rythu Bandhu twice a year, which is equivalent to Rs 5,000 per acre since 2018, while 60.83 lakh farmers have received the same for the Kharif season.

The Rythu Bima, a scheme benefiting 80,861 families, covers 35.64 lakh farmers for whom the state government paid a bounty of around Rs 14,000 crore to the LIC.

The government has distributed 81.60 lakh of sheep to 3.88 lakh beneficiaries under the free sheep distribution scheme.

According to the KCR Kit program which was launched in 2017 aimed at increasing institutional deliveries and reducing maternal and infant mortality, the report states that it applies to deliveries in public hospitals for two living children while a cash component of Rs Rs 12,000 for a male child and Rs 13,000 for a female child.

The report further states that Rs 1,00,116 has been disbursed to 11,45,920 beneficiaries under the Kalyana Lakshmi and Shaadi Mubarak schemes since the government came to power in 2014. The scheme covers all Scheduled Castes, Scheduled Tribes and the backward classes.

As many as 13.31 lakh beneficiaries of the Arogyasri scheme, providing Rs 5,817 crore, have gotten free treatment since 2014.

Exports of information technology and IT services from Telangana jumped 26.14% to Rs 1,83,569 crore in the year ending March 2022 from Rs 1,45,522 crore recorded l year, Telangana Industries and IT Minister KT Rama Rao said. Wednesday.

Mr. Rao published the annual report on the performance of the IT department. He said the state has achieved an impressive growth of 26.14% in IT and ITS exports despite the COVID-19 pandemic.

Rao said employment in the IT/ITeS sector also increased by 23.7% to 7,78,121 during the period 2021-2022. About 1.5 lakh new jobs were added in the IT/ITS sector in 2021-22. This number the previous year was 6,28,615.

When the state came into existence in 2014, Telangana’s IT exports were Rs 57,258 crore and IT employment was 3,23,397. Since its inception, Telangana has been able to achieve a CAGR of 15 .6% in exports from Rs 57,258 crore to Rs 1,83,569 crore. Today, the total employment in the IT sector is 7,78,121. On the net, Telangana has added 4,54,725 new IT/ITS jobs over the past eight years, the minister said.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)


Comments are closed.