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  5. Telangana Assembly Elections 2018: Here’s all you need to need to know about state, its economy

Telangana Assembly Elections 2018: Here’s all you need to need to know about state, its economy

Telangana, specifically Jubilee Hills, Hyderabad, is the headquarters of an international non-profit, the Indian Heart Association.

India TV News Desk Edited by: India TV News Desk New Delhi Updated on: November 23, 2018 12:17 IST
About economy of Telangana
Image Source : PTI

All you need to need to know about Telangana , it’s economy

The economy of Telangana is mainly supported by agriculture. Two important rivers of India, the Godavari and Krishna, flow through the state and providing irrigation. Farmers in Telangana mainly depend on rain-fed water sources for irrigation. Rice is the major food crop. Other important local crops are cotton, sugar cane, mango and tobacco.

Recently, crops used for vegetable oil production, such as sunflower and peanuts, have gained favour. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects.

The state has also started to focus on the fields of information technology and biotechnology. Telangana is one of top IT exporting states of India. There are 68 Special Economic Zones in the state.​ Telangana is a mineral-rich state, with coal reserves at Singareni Colleries.

Telangana and its economy –

Agriculture and Livestock

Rice is the major food crop and staple food of the state. Other important crops are tobacco, mango, cotton, and sugar cane. Agriculture has been the chief source of income for the state's economy. Apart from the major rivers – Godavari and Krishna, there are small rivers as Tunga Bhadra, Bima, Dindi, Kinnerasani, Manjeera, Manair, Penganga, Pranahitha, peddavagu and Taliperu.

There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world's highest masonry dam.

Also Read | Telangana Assembly Elections 2018 | Here’s list of constituencies, districts, Lok Sabha seats in state

Telangana is developing into a seed hub in India and was selected as a certifying agency as per OECD standards, for 10 states.

The state cultivated seeds in 2,251 acres and exported 17,000 quintals to countries like Sudan, Egypt, Philippines and in 2017-18, it expanded cultivation to 2,567 acre and was expecting yield of 26,000 quintals.

Industries

Several major manufacturing and services industries are in operation mainly around Hyderabad. Automobiles and auto components industry, spices, mines and minerals, textiles and apparels, pharmaceutical, horticulture, poultry farming are the main industries in Telangana.

In terms of services, Hyderabad is usually nicknamed as Cyberabad due to its information technology foray and location of major software industries in the city. Prior to secession, it contributed 15% to India's and 98% to Andhra Pradesh's exports in IT and ITES sectors, last 2013 with Hyderabad.

As in the front line of Telangana's aims is to promote information technology in India, the city boasts the HITEC City as its premier hub.

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The state government is in the process of developing Industrial Parks at different places, for specific groups of industries. The existing parks are Software Park at Hyderabad, HITEC City for software units, Apparel Park at Gundlapochampalli, Export Promotion Park at Pashamylaram, Bio-technology park at Turkapally.

Telangana, specifically Jubilee Hills, Hyderabad, is the headquarters of an international non-profit, the Indian Heart Association.

Also Read | Telangana Assembly Elections 2018: Agitation, vandalism, political movements- Here's series of events that culminated in the formation of India's youngest state

Tourism

Telangana State Tourism Development Corporation (TSTDC) is a state government agency which promotes tourism in Telangana. The state has a variety of tourist attractions including historical places, monuments, forts, water falls, forests and temples.

Schedule of Telangana assembly elections:

The Telangana Legislative Assembly election is scheduled to be held on December 7, 2018, to constitute the second Legislative Assembly. The incumbent Telangana Rashtra Samithi (TRS), the Indian National Congress, Telangana Jana Samithi (TJS) and Telugu Desam Party (TDP) are considered to be the main contestants in the election.

Four opposition parties in the state, the INC, the TJS, the TDP and the CPI have announced the formation of a 'MahaKootami' (grand alliance), with an objective of defeating the ruling TRS in the elections.

Election Commission of India announced that Voter-verified paper audit trail (VVPAT) machines will be used in all 32,574 polling stations in the assembly elections in Telangana.

According to the final electoral rolls published on October 12, 2018, Telangana has 2,80,64,680 voters, which is less than 2.82 crore in 2014 Telangana assembly elections.

There were nearly 2,600 transgenders in the voters list.

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