Telangana-March-2015.Pdf
Total Page:16
File Type:pdf, Size:1020Kb
• Telangana’s Gross State Domestic Product (GSDP) expanded to US$ 62.9 billion Economic growth driven between 2004-05 and 2013-14. by service sector • In 2013-14, the services sector’s contribution to the state’s GSDP at current prices went up to 56 per cent. • Expansion plans of IT majors like Microsoft, Google, and Amazon are likely to add 40,000 Hyderabad – The IT direct jobs, in addition to indirect employment to several thousands. hub of the state • The state government plans to set up a central authority to look into the issues faced by the state’s IT sector. • Hyderabad accounts for approximately 20 per cent of India’s total pharma exports, most of Pharma to be the the players opt for Hyderabad due to its better connectivity. backbone of state • The state government plans to set up a pharma city and promote public private development partnership to develop the state’s pharma sector. • Currently, there are 412 pharma companies and 173 bulk drug units in Telangana state. • The state has been ruled by many dynasties like Sathavahanas, Chalukyas, Kakatiyas, Promoting tourism & Mughals, Qutubshahis and Asafjahis. historical past • The state government recently proposed setting up a separate company named Telangana State Tourism Development Corporation Limited (TSTDC) to promote tourism. Source: Telangana State Statistical Abstract May 2014; Aranca Research, News articles *Growth rate in Rupee terms GrowingGrowing economy demand and Rich labour pool improving infrastructure • Most of the leading educational universities and institutions in the • Telangana’s GSDP expanded at a state are located in Hyderabad that CAGR of 17.3 per cent between offers a vast pool of labour that can 2004-05 and 2013-14. fuel state development. • Expected to clock an average growth th • The state government has announced of 10.2 per cent during 11 plan scholarships to attract more youth to • The state government plans to these institutions. construct more airports in the state to improve connectivity. Advantage Telangana Availability of Policy and readymade capital institutional support • Telangana holds an advantage of • The central government recently easy access to capital and announced formation of an Information infrastructure vis-à-vis Seemandhra. Technology Investment Region (ITIR) • Large multinational companies near Hyderabad. already have a base in Hyderabad. • The state government is designing a • Information technology and comprehensive pharma and pharmaceutical sectors are likely to biotechnology policy and plans to act as the backbone of the state’s announce incentives and tax economic development. exemptions for pharma companies. Source: Planning Commission Databook, October 2013, GSDP: Gross State Domestic Product • To make Hyderabad a slum free • Plans to make Telangana a international city. power surplus state within the • Effective implementation of next three years. welfare schemes. • Plans to announce industrial Quality of life Power • Ensure people centric, policy to encourage transparent and corruption of people investments in state. free development. • Setting up of faster Promoting • To take steps to eradicate clearances, a single window corruption. system. investments Governance Vision • Waiver of agricultural loans • No compromise on Agriculture Law & order up to Rs 1 lakh. maintaining law & order in • Use of modern methods and state. • Encouraging people friendly technology in agriculture. Promoting Infrastructure police officials. • Government to encourage research research in agricultural • Installing CCTV cameras for universities. better vigilance. • To make Telangana the Seed • Hyderabad to have most Bowl of India as the state is advanced infrastructure facilities. best suited for growing seeds. • To have two new airports in • Promoting greenhouse Hyderabad, near Shamirpet, technology and pilot projects. Jawaharnagar and Ghatkesar. Source: Aranca Research Telangana has 10 districts: Mahaboobnagar, Ranga Reddy, Hyderabad, Medak, Nizamabad, Adilabad, Karimnagar, Warangal, Khammam and Nalgonda. The key cities in the state include Hyderabad, Secunderabad and Warangal. Parameters Telangana Capital Hyderabad Geographical area (sq km) 114,840 Administrative districts (No) 10 Population density (persons per sq km) 307 Source: Maps of India Total population (million) 35.2 Telangana, the 29th state of India, was formed on 2 June Male population (million) 17.7 2014, with Hyderabad as its capital. Female population (million) 17.5 The state is land locked by Andhra Pradesh to the south Sex ratio (females per 1,000 males) 998 and east, Maharashtra and Karnataka to the west, and Literacy rate (%) 66.5 Odisha and Chhattisgarh to the north. Telugu is the commonly spoken language in the state. Source: Population Census 2011, Hindi, Urdu and English are also widely spoken. Telangana State Statistical Abstract May 2014 Parameter Telangana All states Source Economy 2013-14 2013-14 Planning Commission Databook, 2013-14, GSDP as a percentage of all states’ GSDP 3.6*^ 100.0 current prices Planning Commission Databook, November Average GSDP growth rate (%)* 4.8 11.54 2014, current prices Planning Commission Databook, December Per capita GSDP^ (US$) 1,545.3 1,833.24 2014, current prices Physical Infrastructure Installed power capacity (MW) 9555.3^^ 258,701.45 Central Electricity Authority, as of January 2015 Telecom Regulatory Authority of India, as of Wireless subscribers (No)^ 67,192,201 930,200,000 September 2014 Telecom Regulatory Authority of India, as of Broadband subscribers (No)^ 1,342,750** 75,730,000 September 2014 National Highway length (km)*** 2,423 96,260 National Highway Authority of India Airports (No) 6 133 Telangana State Portal, AAI ^For undivided state, *Calculated in Indian Rupee terms from 2004-05, **As of December 2011, ***-For 2013-14, ^*As of November 2014, ^*^As of December 2014, *^For 2012-13 Parameter Telangana All states Source Social Indicators Literacy rate (%) 66.5 74.0 Planning Commission Databook, June 2014 SRS Bulletin (www.censusindia.gov.in), Birth rate (per 1,000 population)^ 17.5 21.6 October 2013 Investment Department of Industrial Policy & Promotion, FDI equity inflows (US$ billion)^ 9.83* 238.6 April 2000 to December 2014 Outstanding investments (US$ billion)^ 198.1 2,414.2 CMIE (2013-14) Industrial Infrastructure PPP projects (No) 29 1,339 www.pppindiadatabase.com, PPP Cell SEZs (No) 36 392 Notified SEZ, www.sezindia.nic.in ^For undivided state, PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System, *Data shared by RBI Hyderabad At current prices, Telangana’s GSDP was estimated at US$ GSDP of Telangana at current prices 62.9 billion over 2013-14. (in US$ billion) Between 2004-05 and 2013-14, the average annual GSDP growth rate stood at 17.3 per cent*. 61.7 62.9 63.1 CAGR 57.9 17.3%* 41.0 42.9 37.9 28.1 20.1 24.5 2012-13 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2013-14 Source: Telangana state portal, *In Indian Rupee terms, Socio Economic Outlook 2013-14 At current prices, Telangana’s net state domestic product NSDP of Telangana at current prices (NSDP) was estimated at US$ 56.1 billion over 2013-14. (in US$ billion) CAGR 56.2 54.9 56.1 Between 2004-05 and 2013-14, the average annual NSDP 51.5 growth rate was about 17.4 per cent*. 17.4%* 36.7 38.2 33.6 24.9 21.8 17.8 2004-05 2005-06 2006-07 2007-08 2008-09 2011-12 (E) 2011-12 2009-10 (E) 2009-10 (E) 2010-11 (E) 2012-13 (E) 2013-14 Source: Telangana state portal, *In Indian Rupee terms, E - Estimates, Socio Economic Outlook 2013-14 Telangana’s per capita GSDP^ increased to US$ 1,724.3 GSDP per capita of Telangana at current during 2012-13 from US$ 623.7 over 2004-05. prices (in US$) Average per capita GSDP rose at a CAGR of 16.3 per cent* 1,788.2 between 2004-05 and 2012-13. CAGR 1,661.8 1,724.3 16.3%* 1,210.8 1,249.4 1,131.5 851.8 752.9 623.7 2007-08 2004-05 2005-06 2006-07 2008-09 2009-10 2010-11 2011-12 2012-13 Source: Telangana state portal, *In Indian Rupee terms ^Calculated based on population growth between 2001 and 2011 census figures Telangana’s per capita NSDP grew from US$ 554.1 during NSDP per capita of Telangana at current 2004-05 to US$ 1,534.7 over 2012-13. prices (in US$) Average per capita NSDP increased at a CAGR of 16.3 per CAGR cent* between 2004-05 and 2012-13. 1,591.5 1,534.7 16.3%* 1,479.0 1,112.0 1,081.3 1,003.6 754.5 669.2 554.1 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 (E) 2009-10 (E) 2010-11 (E) 2011-12 (E) 2012-13 Source: Telangana state portal, *In Indian Rupee terms, E- Estimates Per capita calculated based on population growth between 2001 and 2011 census figures The state’s per capita income was estimated at US$ 1,545 Per capita income of Telangana at current prices in 2013-14 compared to US$ 544.7 during 2004-05. (US$) Per capita income increased at a CAGR of 16* per cent CAGR 1,577 1,529 1,545 1,468 between 2004-05 and 2013-14. 16.0%* 1,096 985 1,064 739 545 657 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 (E) 2010-11 (E) 2011-12 (E) 2012-13 (E) 2013-14 Source: Socio Economic Outlook 2013-14 Current prices CAGR: Compound Annual Growth Rate *In Indian Rupee terms At a CAGR of 17.7 per cent, services has been the fastest Percentage distribution of GSDP growing sector among agriculture, industry and services (Current prices) from 2004-05 to 2013-14.