Search Result for : Government Of Telangana

The Dollar Business Bureau  The National Bank for Agriculture and Rural Development (NABARD) will be extending a loan of Rs 7000 crore to the Telangana Govt for 11 irrigation projects. The loan is a part of the MoU between the Ministry of Water Resources, River Development and Ganga Rejuvenation and NABARD for providing assistance to 99 irrigation projects in the State. These projects come under the PM Krishi Sinchayee Yojana programme (PMKSY).  The Telangana Minister for Irrigation, T Harish Rao met Central ministers, Nitin Gadkari, Nirmala Sitharaman, Uma Bharti and RadhaMohan and apprised them of the issues related to their ministries in the State. He thanked NABARD and the Central Govt for extending them the loan.  NABARD will raise in phases over Rs 77000 ...

Sharath Chowdary The Belgian retailer Colruyt Group has partnered with Nasscom Foundation to launch the National Digital Literacy Mission (NDLM) centre in Hyderabad. Colruyt is the first Belgian company to invest in providing digital literacy to people in India. This centre aims to train people from the marginalised sections of the society, in digital literacy in Borabanda and other areas of Hyderabad.  The company, which has an IT development centre in Hyderabad, is thinking of investing further in the city and is looking at IT, electric, solar energy and other sectors including retail and wholesale of food products, Colruyt Group CEO Jeff Colruyt said while speaking to the media after inaugurating the centre on Wednesday. Telangana IT Secretary Jayesh Ranjan, Nasscom Foundation ...

The Dollar Business Bureau Central Board of Excise and Customs (CBEC) in association with Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI) organised an awareness programme on proposed Goods and Services Tax (GST) Law in Hyderabad on Monday. CBEC Special Secretary and Member Ram Tirath, senior officers of CBEC, Commercial Tax Department, and FTAPCCI members have shared their knowledge and clarified certain apprehensions of the trade and industry stake holders about the upcoming GST Law through this programme. Trading community in agri crops and commodities in Telangana and Andhra Pradesh operate through the system of commission agency. The agri commodities are currently taxed under the VAT law only upon sale. But, under Sec 3(2A) of the Model GST Law the transaction ...

The Dollar Business Bureau India has attracted over all investments worth more than Rs.53 lakh crore in various categories of infrastructure sector. The categories include transport, health, education, recreational services, communication services, wholesale and retail trading, information, hotels and tourism, and storage and distribution services. Among these, transport services garnered the maximum share at 71% of the investments. This information has been revealed by Associated Chambers of Commerce and Industry of India (ASSOCHAM) in its study ‘Analysis of infrastructure investment in India,’ in Hyderabad on Friday. Total investments attracted by infrastructure sector across India have increased at a compounded annual growth rate (CAGR) of 10% to reach Rs.53 lakh crore in 2015 from over Rs 32 lakh crore in 2010. As per the ...

Pooja Jain In a bid to gather investments for the State, Telangana Chief Minister K. Chandrashekhar Rao will make his first formal visit to the US in July. His son and IT Minister K T Rama Rao had visited the US in May. His two-week visit was aimed at meeting various leaders of the IT industry seeking their co-operation in investing and setting up offices in the State. During the course of his visit, he had met various heads of Google, Microsoft, CISCO, various other entrepreneurs and industrialists. KTR also held talks with two NRI associations, the Telangana Information Technology Association (TITA) and the American Telugu Association (ATA). In his string of meetings in New York, Washington DC, Dallas, Bay Area, Pittsburg, New Jersey, many ...

The Dollar Business Bureau Telangana has achieved a revenue growth of 27.45 per cent in the recent months, the state government announced recently. “There has been remarkable growth in all key departments”, the CM proudly announced to the media following a finance review meeting with the senior officials.  He expressed happiness at the fact that the State achieved remarkable progress despite severe drought conditions for two consecutive years. A press release from the office of the Chief Minister said that growth was excellent in the month of April and May, compared to the previous year. During April and May of the current financial year, the revenue for the departments like commercial taxes, registrations and stamps were Rs 7,687 crores which rose from ...

The Dollar Business Bureau    The Confederation of Indian Industry -Telangana chapter on Wednesday organised an one-day event ‘EXIM Conclave 2015’, highlighting trade and export potential of newly formed state of Telangana. The objective of the conclave is to strategise export-import activities for the new state of Telangana based on its inherent strengths and requirements. The state has a big task of making its mark in the field of exports, for which the Government of Telangana has identified 14 thrust areas. The conclave was organised for the first time in the new state to address these critical issues.  CII Telangana Chairperson Vanitha Datla in her welcome address, talked about the importance of enhancing India’s presence in international trade, which currently stands ...

Sai Nikesh | The Dollar Business Chief Minister of Telangana, K Chandrashekhar Rao, along with other dignitaries at the inaugural of Telangana Industrial Policy 2015 launch event at HICC Auditorium in Hyderabad on Friday. Various industry experts on Friday, opined that Telangana State Industrial Policy stands in line with the Government of India’s ‘Make in India’ initiative, as the State government unveiled its Industrial Policy 2015 in the presence of State government officials, experts, bureaucrats, officials of Indian industry, among others. The experts lauded the State government’s efforts towards easing business environment since its inception and termed ‘Telangana State Industrial Project Approval and Self-certification System (TSIPASS)’ as an industry-friendly one. Speaking to The Dollar Business, Rajesh Agarwal, Co-Founder, Micromax Informatics Ltd, ...