Telangana seeks Rs.15,000 crore for industrial growth: KTR

The State government yet again appealed to the Centre to sanction funds to Telangana in the forthcoming union Budget 2022-23. On Sunday, Industries Minister KT Rama Rao shot missives to union Finance Minister Nirmal Sitharaman for allocation of funds to the tune of nearly Rs 15,000 crore for the industrial infrastructure projects and future projects undertaken by the Telangana government.

On the occasion, the Minister said that Telangana has been at the forefront of the development trajectory in the industrial sector since its formation. He emphasised the need for the union government to provide the necessary support to Telangana, which was at the forefront in terms of innovative policies. He sought sanction of India’s first National Design Centre, funds for the development of five nodes on four Industrial Corridors

Rama Rao reminded that Telangana requested the Central government several times in the past to set up a National Design Centre (NDC) in Telangana. As advised by the union Finance Minister herself, he stated that rather than setting up a new greenfield campus for NDC, they have revised the proposals and decided to establish it in the available space of the existing building of the National Academy of Construction (NAC) for launching NDC operations immediately.

The Minister sought allocation of funds in the forthcoming union Budget for initial capital expenditure and also operational costs from the Centre for eight years. The State government contributes 25 per cent of



operational costs in addition to bearing rental charges.

He wanted the Centre to provide necessary funds to boost the development of two nodes i.e. Hyderabad Pharma City (HPC) and National Industrial Manufacturing Zone (NIMZ) at Zaheerabad on the proposed Hyderabad-Warangal and Hyderabad-Nagpur Industrial Corridors under National Industrial Corridor Development and Implementation Trust (NICDIT). 

He urged Nirmala Sitharman to sanction an additional node at Mancherial on the Hyderabad-Nagpur corridor where 3,000 acres has been identified for the purpose. He wanted the Centre to allocate Rs 2,000 crore each for these three nodes i.e. total Rs 6,000 crore in the union Budget 2022-23.

Further, the State government was very keen to take up the Hyderabad–Bengaluru (HBIC) and Hyderabad-Vijayawada Industrial Corridors (HVIC) under NICDIT, which seamlessly connects the other industrial corridors of the country such as Visakhapatnam–Chennai Industrial Corridor (VCIC) and Chennai-Bengaluru Industrial Corridor (CBIC) etc and are priority industrial corridors for the State. 

He informed that the State government identified the Huzurabad node with around 3,000 acres and Jadcherla-Gadwal-Kothakota Node with another 3,000 to 5,000 acres within the influence area of HVIC and HBIC respectively and is keen to develop these nodes on a fast track basis. He wanted a budgetary allocation of Rs 1,500 crore each for these two nodes.