World Bank recognition vindicates KCR’s vision: KTR

BRS working president KT Rama Rao termed the World Bank’s classification of Telangana among India’s top five upper-middle-income States as global recognition of the economic transformation achieved under former Chief Minister K Chandrashekhar Rao‘s leadership.

Reacting to the World Bank’s per capita income assessment, Rama Rao said Telangana’s rise to the upper-middle-income category with a per capita income of $5,407 reflected one of independent India’s most significant development stories. He credited the achievement to the vision of Chandrashekhar Rao, the efforts of the people and reforms undertaken during the BRS



government.

“It takes a reformer to challenge the status quo, a performer to deliver unprecedented numbers, and a true transformer to completely rewrite a State’s destiny. That is the indelible imprint of KCR’s governance,” he added.

Rama Rao said despite lacking the historical advantages enjoyed by several other States, Telangana achieved rapid economic progress through policy initiatives such as TS-iPASS, the Kaleshwaram Lift Irrigation Scheme, Mission Kakatiya and Rythu Bandhu. 

“When the World Bank validates Telangana’s economic transformation, it is a global recognition of KCR’s vision,” he said.