Telangana Devolopment: Telangana Revenue Adurs .. Here are the RBI figures on seven-year growth ..!

Telangana has been earning unimaginable revenue since its formation as a separate state. This was revealed in the latest report released by the RBI. During the seven years of its formation as a state, Telangana GSDP alone recorded a growth of 117 per cent. Achieved more than double the national average in many sectors. The value of Telangana’s GDP, which stood at Rs 4,51,580.4 crore in 2013-14, has increased to Rs 9,80,407 crore by 2020-21, the RBI said. In Telangana, IT, IT allied services, pharma sector as well as agriculture have flourished. & Nbsp;

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RBI releases & ldquo; Handbook of Statistics on Indian States, 2020-21 & rdquo; https://t.co/fZPCLqeCys

& mdash; ReserveBankOfIndia (@RBI) November 24, 2021

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Telangana is getting this & nbsp; development reward. Own taxes, non-tax revenue increased hugely. & nbsp; IT, Manufacturing, Industrial, Agricultural, Mining & zwnj; The revenue to the exchequer increased as the sectors achieved significant growth. Compared to 2014-15, non-tax revenue grew by 474 per cent and tax revenue by 291 per cent by 2020-21. Tax revenue was Rs 29,288 crore in 2014-15 and Rs 85,300 crore in 2020-21. This means that in the last seven years, all sectors in the state have registered significant growth. State revenue has also increased significantly. & Nbsp;

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The state has performed better in the growth of agricultural products. Production of paddy, cotton and pulses has increased by 3 to 4 times the national average. Kaleswaram, Palamuru- Rangareddy, Mission & zwnj; Bhagiratha, Mission & zwnj; Telangana has built ambitious projects like Kakatiya in seven years. Due to this, the wealth of Telangana has increased tremendously. The Telangana government has incurred huge debts for these. State debt stood at Rs 72,658 crore as on March 2015. It reached Rs 2,52,325 crore as on March 2021. & nbsp;

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