KTR meets Shah and Piyush Goyal

Hyderabad: IT and Industries Minister KT Rama Rao urged Union Commerce, Industry and Railways Minister Piyush Goyal for financial assistance for the proposed Pharma City being set up near Hyderabad.

KTR had already written a letter to Commerce and Industry Minister Piyush Goyal ten days ago requesting to release Rs 3,418 crore as Grant-in-Aid for the development of external and internal infrastructure for the first phase of Pharma City.

During his Delhi visit, KTR has personally met Piyush Goyal and explained about the importance of Pharma City and the need for Centre’s assistance, for the ambitious project taken up by Telangana government. “Pharma City being set up near Hyderabad will give a huge push to pharma sector of India and create more than 5 lakh jobs including both direct and indirect. It fulfills the aspirations of ‘Make in India’ programme initiated by Government of India by encouraging pharmaceuticals manufacturing in India.

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IT and Industries Minister KT Rama Rao with Union Minister Piyush Goyal

Already Department for Promotion of Industry and Internal Trade recognised Hyderabad Pharma City as Project of National Importance and accorded inprinciple approval as National Investment and Manufacturing Zone (NIMZ). KTR also met Union Home Minister Amit Shah and requested him to direct officials to transfer a small piece of land belonging to Ministry of Home Affairs at Rasoolpura junction in Begumpet, Hyderabad as part of Strategic Road Development Programme(SRDP) of GHMC.

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