TELANGANA

TheTelanganagovernment has been losing about 600 crore a year as someGSTpayers have failed to update customer addresses. In the past few years since the bifurcation of the state, lost about 1,500-1,600 crore.

According to officials, details of as many as 7,000 firms and tax payers need to be updated in the records. Of them, about 1,500 are big firms.

According to officials, details of as many as 7,000 firms and tax payers need to be updated in the records. Of them, about 1,500 are big firms.

As the tax componentIGST(Integrated Goods and Services Tax) goes to the Centre and it later releases share to the respective states from time to time, wrong addresses result in the share going to the wrong state (AP).

Telanganahas wrapped up more commitments during the US visit of the business delegation led by IT & industries minister KT Rama Rao, with Aurum Equity Partners (AEP) committing $50 million towards the development of cutting-edge data centers in Hyderabad.

Aurum Equity Partners, which invests in digital Infrastructure real estate data centre assets, has allocated this $50 million out of its just launched $250 million global Private Equity fund for investing in data centres and other infrastructure assets. AEP expects the final close of the fund in the first quarter of 2024 and plans to expand its investments in US, MENA and India.

AEP has also committed $5 million towards support deep tech startups in Telangana. These announcements were made in San Francisco at an event hosted by the Indian consulate.

TheTelangana government decided to implementAyushman Bharatin the state with immediate effect, almost two-and-half-years after the Centre launched the Health scheme nationally.

health officials signed a memorandum of understanding (MOU) with thenational health authorityon Tuesday to implement the scheme in the state. The state health authorities have directed the chief executive officer ofTelanganaAarogyasri Health Care Trust to see that patients get treatment in the empanelled hospitals as per the newly converged health scheme.

Ayushman Bharat was launched by the Centre in September 2018. Telangana was among the states that had opposed the scheme and even claimed that its own Aarogyasri scheme was much better. Chief ministerK Chandrasekhar Raohad rejected the national scheme on the floor of the assembly.

Officials claimed that Aarogyasri provided coverage for 949 different treatment modalities. The scheme provides Insurance coverage to each family from Rs 2 lakh to Rs 13 lakh and in some specialised therapies, there is no cap on the cost of treatment. The cap is Rs 5 lakh under Ayushman Bharat.

TheTelangana Aarogyasri Health Care Trustis reviewing the coverage of medical and surgical procedures and is going to add 539 new procedures to its list soon.

Experts from Gandhi Hospital, Osmania General Hospital and the Nizam’s Institute of Medical Sciences are currently working on developing a standard protocol for these essential procedures, including organ transplants.

Also revision of packages (for existing procedures) under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) Aarogyasri scheme is being worked out, as the previous revision of rates was last done in 2013. Due to the outdated rates, a majority of the private and corporate hospitals have shown very little interest in treating patients under the scheme.

The states wealth is concentrated in Hyderabad, which is a known fact, but heres how.
Hyderabad accounts for half of the states total bank deposits. The youngest state in the country has 6,11,401 crore in deposits spread across 5,442 commercial bank branches, with Hyderabad alone holding over 3 lakh crore.
However, the disparity that can be seen is that most of the districts in Telangana have deposits of less than 2,000 crore.

According to the Telangana state statistical abstract released by the state planning board recently, Hyderabad has 3,61,115 crore deposits in 1,202 commercial bank branches, followed by Medchal-Maljajgiri with 93,039 crore deposits, andRangareddywith 30,179 crore deposits.

As part of efforts to boost the startup ecosystem in the country, the Confederation of Indian (CII) has set up a Centre of Excellence for Innovation, Entrepreneurship andStartups(CII CIES) at T-Hub in Hyderabad in PARTNERSHIP with the Telangana government and Infosys co-founder Kris Gopalakrishnans Pratiksha Trust.

The CIES, CIIs secondCoEin Hyderabad after the Sohrabji Godrej Green Business Centre and the 10th in India, was initially rolled out as a corporate-driven resource platform to enable Growth of successful startups but has since metamorphosed into a co-creating, co-innovating workspace.

As part of chief minister K Chandrasekhar Raos dream to supply Irrigation water to one crore acres in , water to another 50 lakh acres will be provided in the next 2-3 years.

The government said 73 lakh acres had already been brought under irrigation in the last few years. In Mondaysbudget, the government earmarked 26,880 crore for completing pending irrigation projects in the state.

The government had taken up construction of 1,200 checkdams with an expenditure of 3,825 crore.

could have more than 53,000 newcancercases by 2025, revealed the National Centre for Disease Informatics and Research (NCDIR) estimates, registering an increase by 12.48% within the next three years if massive lifestyle changes are not adopted.
The NCDIR said Telangana reported 47,620 cancer cases in 2020 with breast, lung, head and neck, cervix and stomach cancers emerging as the leading sites of cancer among men and Women.

Other states such as Maharashtra, West Bengal, Karnataka are also likely to experience an increase by 12% in the number of cancer cases, with Madhya Pradesh likely to witness a 17% rise.

As per data, Telangana records 3,800 annual Average cancer cases. By 2025, one in seven women and one in nine men below the age of 74 years are likely to develop cancer, they said.

Not just Hyderabad, thegovernment is taking IT to tier II towns across the state, IT ministerKT Rama Raosaid. He said the State Government had already set up IT hubs in towns such as Warangal, Karimnagar, Khammam andNizamabad.

Nalgonda IT hub will begin its operations in the next 18 months. It will generate 1,600 jobs to the local youth.

The minister said under the Leadership of KCR, both welfare and development were being taken up simultaneously. Apart from providing water underMission Bhagirathascheme, two medical colleges were sanctioned one each in Nalgonda and Suryapet, Yadadri temple development with Rs 1,800 crore and ultra mega power projects.