HomeNewsTrendsFeaturesThe story of Telangana's transformation

The story of Telangana's transformation

The story of Telangana's transformation

March 27, 2023 / 21:12 IST
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The story of Telangana's transformation is a remarkable one, as in just 8 years, K. Chandrasekhar Rao, the state's first Chief Minister, has turned a struggling and underdeveloped region into a leading economic powerhouse. His ability to reimagine and redirect policies and programs has firmly placed the state on a trajectory of growth.

As the youngest state in the country, Telangana has made great strides in its pursuit of comprehensive development, thanks to a balanced approach that prioritizes both economic and social welfare measures. These initiatives have earned the state accolades both domestically and internationally, and Telangana has emerged as a model for others to emulate in a remarkably short span of time since its formation.

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The impressive economic gains made by Telangana in just a few years bear witness to its steady progress across all sectors. Between 2014-15 and 2021-22, the state's GSDP skyrocketed from Rs. 5,05,849 crore to Rs. 11,54,860 crore - more than doubling in size. Telangana also outperformed other southern states with a compound annual growth rate of 11.4% during the same period. Moreover, the state's per capita income has also more than doubled, rising from Rs. 1,12,162 to Rs. 3,17,115.

Rythu Bandhu/Rythu Bima