TELANGANA

The gave a green signal to auctionKokapetlands at Neopolis area under survey number 239, 240 on Wednesday. A government order in this regard was issued by chief secretary Somesh Kumar which granted permission to execute the sale deeds of government lands to Rangareddy district collector.

It maybe recollected the government sold Kokapet lands through e-auctioning in July this year which garnered huge response as eight plots over 48.27 acre were offered for a minimum upset price of Rs 25 crore per acre.
In its GO, the government made it clear that the rights on the land belong to government and that the Hyderabad Metropolitan Development Authority (HMDA) will conduct the auction as a government agent.

The government is keen on earning a total Rs 5,000 crore by auctioning these lands. So far, the HMDA made Rs 2,000.37 crore by auctioning Kokapet lands alone.

The was on Tuesday urged to list potential Biodiversity heritage sites if it wanted its biodiversity strategy to succeed.

Addressing a workshop organised by theTelangana State Biodiversity Board(TSBB),J Austin Mohan, secretary ofNational Biodiversity Authority, asked the state to create a mechanism to demarcate environmentally sensitive areas as they prepare the State Biodiversity Strategy and Action Plan (SBSAP).

The event was organised in a bid to ensure that various aspects of Biodiversity conservation were considered in Telanganas SBSAP. As of date, only nine states have their own SBSAP in the country.

University of Hyderabad(UoH) has received funding of Rs 6 crore from the department of Biotechnology (DBT) to take up research on plant metabolomics (study of small Molecules) and proteomics (study of proteins) over a period of four years at Repository ofTomato Genomics Resources(RTGR).

Established in 2010, RTGR conducts advanced scientific research in the frontier areas of genomics, proteomics and metabolomics oftomatoin order to improve the Nutrition and shelf-life of tomatoes. Given its scientific contributions, DBT recognised RTGR as a centre of excellence for genome engineering in tomato.

The three cities Hyderabad, Chennai and Pune — were designated between 61-70 ranks without any specific rank being mentioned for each city. Last year, Hyderabad was placed among the 71-80 rank band.

was also deemed strong in the life sciences sector as well as emerging technologies like AI, Big Data and Analytics.

North America continued to dominate the global rankings with 50% of the top 30 Ecosystems in this region. Asia accounted for 27%, whereas Europe had 17% of the top 30 ecosystems.

Telanganaranks first in the country with the highest Average annual Growth rate (AAGR) of states own income as per the latest data on economy of states from the Union ministry of statistics and programme implementation.

Currently, the states own annual income is Rs 66,688 crore and a growth rate of 11.52% since its formation in 2014.

Odisha is second with AAGR of own income at 9.74%,Jharkhandis third (8.9%), UP fourth (8.6%) and neighbouringAPfifth (8.38%). Among the bigger states,Gujaratis last at 2.59%.
Announcing the latest estimates from the Union Government, state finance minister THarish Raostated on Monday that has seen a 90% increase in state income collection from 2014-15 to 2020-21. Telanganas own income during the formation year (2014-15) was Rs 35,146 crore.

The TECC delegation was in Hyderabad to discuss economic and trade cooperation as well as opportunities between Telangana and Taipei.

KTR apprised the delegation about the states single window clearance system that guarantees investors the right to get time-bound clearances to start their businesses. The delegation was also informed about the various measures adopted by the government to improve the Ease of Doing Business quotient in the state.

KCR Colony in Kollur, billed as Asia’s largest housing project, is set to accommodate around 60,000 people with its 15,600 2BHK housing units and 112 high-rise buildings.

The organised a media tour of the 145.50-acre project, which is being provided free of cost to the beneficiaries. This initiative is part of the government’s goal to build one lakh double bedroom houses, with a project cost of 1,489.29 crore, including housing and Infrastructure.

The colony features green spaces, parks, playgrounds, and semi-luxury amenities. It includes lifts, power backup, recycling of treated water, underground electrical cables, and energy-efficient street lighting.

Additionally, there are shopping complexes, cycling tracks, Sports facilities, community centres, schools, bus terminals, Police and fire stations, healthcare facilities, and various other amenities.

Telanganahas made it to the top ten states making a substantial contribution to Goods and Services Tax (GST). It has come in sixth in the country with 2,863 such tax payers who will be applauded by the Central Board of Indirect Taxes andCustoms(CBITC) with appreciation letters.

As the GST rollout has completed four years, an analysis shows thatMaharashtrahas highest number of GST payers at 15,131 followed by Karnataka, Nadu,Haryana, West Bengal and Telangana.

Among the taxpayers from Telangana, 36% are from micro enterprises, 41% from small entrepreneurs and 11% from medium enterprises. The data has been collected by National Institute of PUBLIC FINANCE And Policy (NIPFP).

NIPFP has also pointed out that between July 2017and January 2020, Rs 1,874 crore GST was evaded in the state and Rs 805 crore was recovered. Effectively, 43% of the evaded tax was recovered.

In fact, for the past four years, the state has seen a 10% Growth in GST each year. During the 2020-21 financial year when the lockdown impacted economic growth, GST collections fell compared to other major states. Data of GST collection between April and August 2019-20 and 2020-21 shows that there was a decline of 26.3% in collections.In 2019-20 the state collected Rs 15,949 crore between April and August as against Rs11,762 in 2020-21.