Centre urged to encourage States capable of faster growth
The Hindu
Enable direct international investment, say ministers from TS
Minister for Industries, IT and Urban Development K. T. Rama Rao has stated that economic strength of State is the driving force of the country’s economy and urged the Centre to encourage States to compete at international-level in the economic growth.
Participating in a video conference, along with Minister for Finance T. Harish Rao, conducted by Union Finance Minister Nirmal Sitharaman on Monday night he said Telangana was among the top four States in the country which were contributing most to the country’s GDP. Encouraging States having capability to grow fast by the Centre would help strengthening the country’s economy.
The ministers from the State put forward the views of Telangana at the virtual meet on the faster economic growth. Special Chief Secretary (Finance) K. Ramakrishna Rao, Principal Secretary (Industries) Jayesh Ranjan, Economic Advisor to the State Government G.R. Reddy, Secretary (Finance) T.K. Sridevi and other attended the meeting.