IT and Industries Minister KT Rama Rao today claimed that youngest state of Telangana is making rapid strides in all sectors in just three half and years. He was addressing Youthcon-2018 conference at HICC here along with Jammu and Kashmir former Chief Minister Omar Abdulla and former union minister Sachin Pilot and others.
The minister claimed that the state government came up with first of its kind industrial policy in the world. It offers all required permissions in just 15 days to industries and companies to start their businesses of any genre he remarked. Through the hassle free industrial policy the Telangana Government offered permissions to as many as 6000 companies in the state. Of course, they fetched us 1.20 lakh cr investments to push our growing economy and provide jobs and employment to local youth in a big way. Every international conference being held in Hyderabad is remaining a big success and Youthcon will also be a success he said.
Stating that financial matters are important than politics the minister said that the state achieved significant growth in various sectors. Telangana has been the trend setter in start up to real estate sectors and making fast growth in others. India has abundant youth force and the Centre has to encourage the real estate sector that offers employment. Youth has responsibility to change the system to achieve more growth. (NSS)