Economy Of Telangana
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Economy Of Telangana
Telangana is one of the fastest-growing states in India posing Economic growth, average annual growth rate of 13.90% over the last five years. Telangana's Nominal GDP, nominal gross state domestic product for the year 2023-24 stands at ₹15.2 lakh crore (US$180 billion). Service sector is the largest contributor to the Telangana's economy with a share of about 65% in the year 2018-19. Growth in services has largely been fuelled by Software industry in Telangana, IT services with the State holding leading position in IT & ITeS in the country in terms of production and exports. Around 54% of GDP comes from Hyderabad Metropolitan Region, Hyderabad metropolitan . Agriculture also form a backbone of Telangana's Economy. Two important rivers of India, the Godavari River, Godavari and Krishna River, Krishna, flow through the state, providing irrigation. Farmers in Telangana mainly depend on rain-fed water sources for irrigation. Rice is the major food crop. Other important local crop ...
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Telangana
Telangana is a States and union territories of India, state in India situated in the Southern India, south-central part of the Indian subcontinent on the high Deccan Plateau. It is the List of states and union territories of India by area, eleventh largest state by area and the List of states and union territories of India by population, twelfth most populated state in India, according to the 2011 Census of India, 2011 census. On 2 June 2014, the area was separated from the northwestern part of United Andhra Pradesh as the newly formed States and union territories of India, state of Telangana, with Hyderabad as its capital. Telugu language, Telugu, one of the classical languages of India, is the most widely spoken and the primary official language of Telangana state, whereas Urdu is recognised as the second official language. Additionally, several tribal languages such as Gondi, Kolami, Koya and Lambadi are spoken in different regions of the Telangana state. The economy of ...
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Special Economic Zones
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for bei ...
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Warangal
Warangal () is a city in the Indian state of Telangana and the district headquarters of Warangal district. It is the second largest city in Telangana with a population of 811,844 per 2011 Census of India, and spreading over an . Warangal served as the capital of the Kakatiya dynasty which was established in 1163. The monuments left by the Kakatiyas include fortresses, lakes, temples and stone gateways which, in the present, helped the city to become a popular tourist attraction. The Kakatiya Kala Thoranam was included in the emblem of Telangana by the state government and Warangal is also touted as the cultural capital of Telangana. It is one of eleven cities in the country to have been chosen for the Heritage City Development and Augmentation Yojana scheme by the Government of India. It was also selected as a ''smart city'' in the "fast-track competition", which makes it eligible for additional investment to improve urban infrastructure and industrial opportunities under the ...
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Karimnagar
Karimnagar, also informally known as Elagandula, is a city and District Headquarters in the Indian state of Telangana. Karimnagar is a major urban agglomeration in the state. It is third largest City in the state and Municipal Corporation and is the headquarters of the Karimnagar district. It is situated on the banks of Maner River, Manair River, which is a tributary of the Godavari River. It is the third largest and fastest growing urban settlement in the state, according to the 2011 census. It has registered a population growth rate of 45.46% and 38.87% respectively over the past two decades between 1991 and 2011, which is the highest growth rate among major cities of Telangana. It serves as a major educational and health hub for the northern districts of Telangana. It is a major Central business district, business center and widely known for its agricultural and granite industries, earning the nickname "City of Granites." It has been selected as one of the hundred Indian cit ...
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Medak
Medak, formerly known as Siddapuram, is a town in Medak district of the Indian state of Telangana. It is a municipality and the headquarters of Medak mandal in Medak revenue division. Etymology and History Medak was originally named ''Methukudurgam'' (మెతుకుదుర్గం / मॆतुकु दुर्गम्) or ''Methuku Seema'' (translated to grain in Telugu) due to the growth of rice here. Geography Medak is located at . It has an average elevation of 442 meters (1450 feet). Climate Demographics census of India, the town had a population of 44,255 with 9011 households. The total population constitute, 21,336 males and 22,919 females —a sex ratio of 1074 females per 1000 males. 4,815 children are in the age group of 0–6 years, of which 2,418 are boys and 2,397 are girls —a ratio of 991 per 1000. The average literacy rate stands at 78.56% with 30,984 literates, significantly higher than the state average of 66.46%. Governance Medak muni ...
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Rangareddy
Ranga Reddy district is a district in the Indian state of Telangana. The district headquarters is located at Kongara Kalan Village, Ibrahimpatnam Mandal. The district was named after the former deputy chief minister of the United Andhra Pradesh, K. V. Ranga Reddy. The district shares boundaries with Nalgonda, Yadadri Bhuvanagiri, Hyderabad, Medchal–Malkajgiri, Nagarkurnool, Mahabubnagar, Sangareddy and Vikarabad districts. History Dynasties Chronological order of kingdoms who ruled Rangareddy and Hyderabad regions is as follows: 1. Nandas 2. Mauryas 3. Satavahanas 4. Ikshvakus 5. Vakatakas 6. Vishnukundinas 7. Badami Chalukyas 8. Rashtrakutas 9. Kalyani Chalukyas 10. Kakatiyas 11. Delhi Sultanate(Khilji & Tughlaq dynasties) 12. Musunuri Nayakas 13. Recherla Padmanayakas(Rachakonda & Devarakonda Velamas) 14. Bahamanis 15. Qutub Shahis 16. Mughals 17. Asaf Jahis Formation of District The dis ...
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Mahaboobnagar
Mahbubnagar, also informally called as Palamoor and formerly Rukmammapeta, is a city in Mahbubnagar District of the Indian state of Telangana named after the 6th Nizam of Hyderabad, Mahboob Ali Khan. It is the headquarters of Mahbubnagar mandal in Mahbubnagar revenue division. The city is also the largest in the district with an area of and 7th most populous in the state. Etymology Mahbubnagar was formerly known as Palamoor, meaning "land of milk" due to its milk production. The name was changed to Mahabubnagar on 4 December 1890, in honour of Mir Mahbub Ali Khan Asaf Jah VI, the Nizam of Hyderabad (1869–1911 AD). History Mahbubnagar was under ''Janapada'' rule by 6th century BCE, and later under Maurya territory. The region was at the core of the Satavahana dynasty from 221 B.C.E. to 218 C.E., and also a large part of the Chalukya dynasty from the 7th to the 11th century CE, also part of the Kakatiya dynasty from 11th to the 14th century CE, The region was later ...
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Gherkin
A pickled cucumber – commonly known as a pickle in the United States, Canada and Australia and a gherkin ( ) in Britain, Ireland, South Africa, and New Zealand – is a usually small or miniature cucumber that has been pickled in a brine, vinegar, or other solution and left to ferment. The fermentation process is executed either by immersing the cucumbers in an acidic solution or through souring by lacto-fermentation. Pickled cucumbers are often part of mixed pickles. Historical origins It is often claimed that pickled cucumbers were first developed for workers building the Great Wall of China, though another hypothesis is that they were first made as early as 2030 BC in the Tigris Valley of Mesopotamia, using cucumbers brought originally from India. According to the New York Food Museum, archaeologists believe ancient Mesopotamians pickled food as far back as 2400 B.C. while, centuries later, cucumbers native to India were being pickled in the Tigris Valley. Ancient ...
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Agri Export Zone
An Agri Export Zone or AEZ is a specific geographic region in a country demarcated for setting up agriculture based processing industries, mainly for export. The term is widely used mainly in India. AEZ are to be identified by the State Government, who would evolve a comprehensive package of services provided by all State Government agencies, State agriculture universities and all institutions and agencies of the Union Government for intensive delivery in these zones. Corporate sector with proven credentials would be encouraged to sponsor new agri export zone or take over already notified agri export zone or part of such zones for boosting agri exports from the zones. Implementation in india 2001 Background The AEZ scheme was launched as part of the Exim Policy 2001–2002 with the objective of adopting an integrated approach to export promotion through public-private partnerships and development of necessary infrastructure. The zones were expected to streamline the export proc ...
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Nagarjuna Sagar Dam
Nagarjuna Sagar Dam is a masonry dam across the Krishna River at Nagarjuna Sagar which straddles the border between Nalgonda district in Telangana and Palnadu district in Andhra Pradesh. The dam provides irrigation water to the districts of Krishna, Guntur, Palnadu , Prakasam and parts of West Godavari districts of Andhra Pradesh and also Nalgonda, Suryapet, Khammam, Bhadradri Kothagudem districts of Telangana. It is also a source of electricity generation for the national grid. Constructed between 1955 and 1967, the dam created a water reservoir with gross storage capacity of , its effective capacity is 6.92 cubic km or 244.41 Tmcft. The dam is tall from its deepest foundation and long with 26 flood gates which are wide and tall. It is jointly operated by Andhra Pradesh and Telangana. Nagarjuna Sagar Dam was the earliest in a series of large infrastructure projects termed as "modern temples" initiated for achieving the Green Revolution in India. It is also one of t ...
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Godavari
The Godavari (, od̪aːʋəɾiː is India's second longest river after the Ganga River and drains the third largest basin in India, covering about 10% of India's total geographical area. Its source is in Trimbakeshwar, Nashik, Maharashtra. It flows east for , draining the states of Maharashtra (48.6%), Telangana (18.8%), Andhra Pradesh (4.5%), Chhattisgarh (10.9%) and Odisha (5.7%). The river ultimately empties into the Bay of Bengal through an extensive network of distributaries. Its drainage basin is one of the largest in the Indian subcontinent, with only the Ganga and Indus rivers having a larger drainage basin. In terms of length, catchment area and discharge, the Godavari is the largest in peninsular India, and had been dubbed as the Dakshina Ganga (Southern Ganges). The river has been revered in Hindu scriptures for many millennia and continues to harbour and nourish a rich cultural heritage. In the past few decades, the river has been barricaded by several b ...
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Sugar Cane
Sugarcane or sugar cane is a species of tall, Perennial plant, perennial grass (in the genus ''Saccharum'', tribe Andropogoneae) that is used for sugar Sugar industry, production. The plants are 2–6 m (6–20 ft) tall with stout, jointed, fibrous stalks that are rich in sucrose, which accumulates in the Plant stem, stalk internodes. Sugarcanes belong to the grass family, Poaceae, an economically important flowering plant family that includes maize, wheat, rice, and sorghum, and many forage crops. It is native to New Guinea. Sugarcane was an ancient crop of the Austronesian people, Austronesian and Indigenous people of New Guinea, Papuan people. The best evidence available today points to the New Guinea area as the site of the original domestication of ''Saccharum officinarum''. It was introduced to Polynesia, Island Melanesia, and Madagascar in prehistoric times via Austronesian sailors. It was also introduced by Austronesian sailors to India and then to Southern China by 500 ...
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