Telangana Economy TSPSC Notes of Telangana Socio Economic Outlook 2023
Introduction:
- Telangana state formed on June 2, 2014.
- Located in the southern Indian peninsula on the Deccan Plateau.
- Capital: Hyderabad
- Bordered by Maharashtra, Chhattisgarh, Karnataka, and Andhra Pradesh.
Geography and Demographics:
- Latitude: 15°50’10” N to 19°55’4” N, Longitude: 77°14’8” E to 81°19’16” E.
- 12th in population (350.04 Lakh as per 2011 Census).
- 11th in area (1,12,077 Sq. Km).
- Drained by Godavari (79%) and Krishna (69%) rivers.
- Official languages: Telugu and Urdu.
- Reorganized into 33 districts, 612 mandals, and 12,769 Gram Panchayats.
Economy:
- Steady growth with balanced development.
- Initiatives like TS-iPASS, T-PRIDE, TS-IDEA, TS-GlobalLinker.
- Welfare schemes: Dalit Bandhu, Rythu Bandhu, Kalyana Lakshmi, etc.
- Steady economic growth: Contribution to India’s nominal GDP increased from 4.1% to 4.9% (2014-15 to 2022-23).
- GSDP at current prices: Rs. 13.27 lakh crore, 15.6% growth over 2021-22.
Agriculture:
- Initiatives: Rythu Bandhu scheme, irrigation projects, 24×7 free power.
- Share of Agriculture and Allied sectors in GSVA increased from 16.3% (2014-15) to 18.2% (2022-23).
- Gross Irrigated Area increased by 117% (2014-15 to 2021-22).
- Paddy production increased by 342% (2015-16 to 2021-22).
Industry:
- Business-friendly policies and proactive measures.
- Industrial sector’s contribution to GSVA: 19.0% (2022-23).
- Flagship initiative: TSiPASS attracted Rs. 20,237 crore investment (2022-23).
- Notable startups: Darwin Box, Skyroot Aerospace.
- T-Hub Phase 2: World’s largest innovation campus.
Services:
- Services sector’s GVA growth: 17.5% (2022-23).
- Dominant subsector: Real Estate, Ownership of Dwelling, and Professional Services.
- Hyderabad recognized as the world’s most dynamic city for prime offices.
- IT exports growth (2014-15 to 2021-22): CAGR of 15.67%, employment increased from 3.7 lakh to 7.7 lakh.
Public Finance:
- Strong public finances critical for welfare schemes.
- Despite economic slowdown, prudent fiscal management maintained tax revenues.
- Telangana’s own revenue accounted for 73.1% of revenue receipts (2018-21).
- Development Expenditure: 78.1% of Total Expenditure (2018-21).
Maternal and Child Care:
- Initiatives: Arogya Lakshmi, KCR Kit, KCR Nutrition Kit, Amma Vodi.
- Visible improvements in institutional births, IMR, MMR.
- Telangana leads in equitable income distribution (Gini coefficient of 0.10).
Health:
- Initiatives: New Government Medical Colleges, Telangana Diagnostic Scheme, Kantivelugu.
- Year-on-year improvement in NITI Aayog Health Index (3rd rank in 2019-20).
Education:
- Foundational Literacy and Numeracy (FLN) programme: Tholi Mettu/First Step.
- Teacher access focus: Best PTR at primary, upper primary, and secondary levels.
- Infrastructure upgrade: Mana Ooru-Mana Badi/ Mana Basti-Mana Badi scheme.
Water Supply and Sanitation:
- Mission Bhagiratha: 100% coverage of functional household tap connections.
- Swachh Bharat Mission success: State declared Open Defecation Free (ODF)
Welfare:
- Dalit Bandhu: Rs. 10 lakh grant to SC households.
- Aasara Pension Scheme: Rs. 7,565 crore disbursed to 44.43 lakh pensioners.
- Kalyana Lakshmi/Shaadi Mubarak: Financial assistance for marriage.
- Rythu Bima: Group life insurance for farmers, Rs. 5.00 lakh in case of death.
Environment:
- Telangana Ku Haritha Haram (TKHH): Extensive plantation, 270.65 crore saplings planted.
- Recognition: Hyderabad declared “Tree City of the World- 2021” for the second consecutive year.
