KTR seeks Rs 14,000 Cr for several Key Projects

January 24, 2022 14:12
KTR seeks Rs 14,000 Cr for several Key Projects

(Image source from: twitter.com/Collector_RSL)

KTR seeks Rs 14,000 Cr for several Key Projects:- The Union Budget will be presented by the Finance Minister Nirmala Sitharaman on February 1st in the Parliament. Ahead of the Union Budget, Telangana IT Minister KT Rama Rao sought a budget of Rs 14,000 crores for several key industrial projects in the state. The nodes are requested in the corridors of Hyderabad-Nagpur, Huzurabad, Hyderabad-Vijayawada corridor, Hyderabad-Bengaluru and Jadcherla-Gadwal-Kothaguda corridors. KTR also sought a grant of Rs 5000 crores for the establishment of the Pharma City in Hyderabad. The Hyderabad Pharma City bagged the National Investment and Manufacturing Zone (NIMZ) status reminded KTR.

KTR also urged Nirmala Sitharaman to sanction Rs 3000 crores for Mancherial and he wanted the Finance Ministry to sanction Rs 5000 crores for the master planning and the development of internal and external infrastructure for Hyderabad Pharma City at NIMZ that is located in Rangareddy district. KTR also launched the water supply works for the Outer Ring Road in Hyderabad. KTR wrote to the Finance Minister Nirmala Sitharaman and explained about the projects in detail saying that they would generate enough number of jobs. KTR also reminded about the Make in India initiative of the Union government and how the largest pharmaceutical cluster will support the plan.

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