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Hyderabad: The TRS MPs on Tuesday expressed utter disappointment over the union Budget 2022-23, terming it as useless budget which does not benefit any section of the society. They termed the union Budget as anti-farmer, anti-poor, anti-workers and anti-people. The criticised the Centre for not sanctioning any specific project or funds to Telangana. Speaking to […]
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Hyderabad: The Union Finance Minister Nirmala Sitharaman in her Budget speech announced granting infrastructure status to data centres. The grant of infrastructure status to data centres is expected to provide access to long-term institutional funds, which will promote the investments in the sector. B S Rao, VP, Marketing, CtrlS Datacenters told Telangana Today, “The infrastructure […]
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Hyderabad: Budget 2022’s emphasis on logistics, specifically for the Gati Shakti Plan, reiterates how the logistics sector is integral to the economic and trading activities of India. In India, road transportation dominates the logistics sector, with a majority share of 60 per cent, followed by Railways, which has a 30 per cent contribution. Neeraj Bansal, […]
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Hyderabad: The Union Budget 2022-23 focuses on a long-term plan for the country with digitisation, urban development, and sustainability at its core. For the real estate sector, the budget placed an outlay of Rs 48,000 crores under the Pradhan Mantri Awas Yojana, and construction of 80 lakh homes will facilitate affordable housing. Real estate sector […]
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Hyderabad: Political parties in Telangana have found fault with Central Government for its discrimination towards Telangana in fulfilling the assurances made to the State under the AP Reorganisation Act and failing to make considerable allocation of funds and sanction of projects. Former Minister Mohd.Shabbir Ali tweeted “Union Budget is totally disappointing for Telangana. There is […]
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Covid-19 and its continued impact on the country and the health system has drained significant government resources in the last two years. Given the state of the economy and the geo-political environment, Budget is likely to be a watershed moment in providing a direction to India’s path of becoming a $5 trillion economy by 2025, […]
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Hyderabad: Budget 2022 provides an opportunity for the Government to narrow the rural-urban gap and strike a balance in reigning inflation and ensuring fiscal prudence. The momentum on the economic recovery and buoyancy of tax collections would need to be sustained, Pradeep Narayanan, partner, BSR & Co (a sub-licensee firm of KPMG in India) tells […]
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While the Indian economy is on the path of overall recovery from the worst hit it took at the start of the pandemic, the situation remains volatile in the face of the rapid surge of the Omicron variant and the informal sector continues to be in the red. Quite a few international agencies have downgraded […]
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The dividing line between two Indias — the haves and have-nots — has now become too sharp and stark to ignore. The pandemic has widened the gulf between the rich and the poor in ways that the country never experienced in the past. The top and bottom of the pyramid absorbed the pandemic shock in […]
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By B Yerram Raju Omicron is unsympathetic to the small man and farmers are no exception. In the wake of the withdrawal of the three farm laws, the Finance Minister has challenges to provide resources to the farm sector. Investment of Rs 1 lakh crore was unlocked for agriculture in 2021, although the extent of, […]
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Hyderabad: Ahead of the budget session of the Parliament, Municipal Administration and Urban Development Minister KT Rama Rao urged the Centre to support the growth of Hyderabad by extending necessary financial and administrative support. He wanted all the Telangana MPs, notwithstanding their party affiliations, to speak up on behalf of people of Telangana in the […]
