Foxconn vows Rs 4,000 cr in Telangana mfg plant, 1 lakh jobs likely

In less than three months after Hon Hai Technology Group, popular as Foxconn, signed a memorandum of understanding with theTelanganagovernment, the multinational electronics contract manufacturer performed a ground-breaking ceremony for its manufacturing unit atKongara Kalanin Rangareddy district.

Industries and IT ministerKT Rama Raolaid the foundation along with Foxconn Interconnect Technology chairman & CEO Sidney Lu.
The proposed facility, spread over 200 acres and with an of Rs 4,000 crore in the first phase, would serve as a hub for Foxconn’s operations in Telangana.

The facility would provide direct EMPLOYMENT to 35,000 youth and another 65,000 jobs indirectly, cumulatively creating a lakh job opportunities for the locals.

The government has given permission to 20 organisations to perform BVLOS experimental drone flights. In addition, the Telangana government granted an exemption to perform experimental drone flights beyond visual line of sight (BVLOS).

The government has been given conditional exemption by the Ministry of Civil Aviation (MoCA) and the Directorate General of Civil Aviation (DGCA) to conduct experimental Beyond Visual Line of Sight (BVLOS) drone flights for vaccine delivery.

Exemption from the Unmanned Aircraft System (UAS) Rules, 2021 was granted as part of the government’s ongoing efforts to expand the reach of drone use in the country and aid the country’s battle against the COVID-19 pandemic.

Earlier this year, 20 consortia were given permission to perform BVLOS (Beyond Visual Line of Sight) experimental drone flights.

The BVLOS trial will help create a regulatory framework for drone delivery and other major applications.

Telangana likely to hike its welfare dole in this years budget by Rs 30,000 crore

With the assembly slated for next year, the State Government is set to focus its attention on welfare schemes and subsidies. Sources said budget allocations for welfare schemes are likely to see a quantum leap by at least another Rs 30,000 crore in the 2022-23 state budget.

The state government is already spending Rs 58,000 crore annually on various welfare schemes and subsidies. Following allocation of another Rs 30,000 crore,Telanganawill emerge as the only state in the country to spend about Rs 90,000 crore on welfare schemes and subsidies, sources said. Chief ministerK Chandrasekhar Raoand Industry ministerKT Rama Raohave often claimed that Telangana is the only state implementing various schemes by allocating huge funds in the budget.

In the next seven years, government wants to cover 17 lakh Dalit families in the state. In the current years budget, government had allocated only Rs 1,000 crore under CMs Dalit Empowerment programme. Another major programme on governments radar is second phase of sheep distribution programme. Though it was announced a few months ago, the second phase is yet to be kicked off.

Telangana government takes back 1,960 acres land from 65 firms

Cracking the whip on 65industriesfor not setting up their units even after land was allotted for free many years ago, theTelanganaState Industrial Corporation (TSIIC) has taken back 1,960 acres from them. The government now wants to reallocate the resumed land to industrialists who are ready to set up their units.

The area of the resumed land ranges from one acre to 250 acres. Most of the land resumed was in theHyderabad Metropolitan Development Authority(HMDA) limits such as Fab City SEZ at Raviryala, Hardware Park at Mamidipally, IT Park in Nanakramguda, Automotive Park, IDA Nacharam, Pashamylaram, Patancheru, Biotech Park at Karkapatla, Adibatla SEZ and IT Park, Madikonda in Warangal.

Link investment subsidy with job creation: Experts

While states like Haryana and Andhra Pradesh are insisting on locals only for jobs in private companies, experts and analysts said it would be in fitness of things to link subsidies withjob creationas a condition to promote EMPLOYMENT potential.

Data shows that approximately 1,880 eligible manufacturing units in Telangana have claimed to have provided 1.93 lakh jobs in the last seven years. This would imply that each unit has generated approximately 100 jobs.

According toYerramraju Behara, a board member ofTelangana Industrial Health Clinic Limited(TIHCL), companies claims on jobs should be taken with a pinch of salt because the standard Industry norm now is for every crore worth of investment, six jobs should be generated in an MSME.

The State Government has sanctioned Rs 1,365 crore as an SGST reimbursement subsidy with the exception of 40 types of industries. The rest of the MSMEs in the state are eligible for the incentives. Units are eligible for a variety of incentives, ranging from land cost subsidies to power subsidies and SGST reimbursement. The next instalment payment proposal of Rs 600 crore is ready from this Rs 1,365 crore.
Another estimate is that job creation can be considered good by manufacturing units when 7 per cent or more of the cost of production is spent on human Resources.

Godrej to invest Rs 250 crore in palm oil processing unit in Telangana

Godrej Agrovet Ltd plans to invest Rs 250 crore in setting up an edible oil processing unit in Khammam district of with a proposed capacity of 30 tonnes per hour (TPH) which will be expandable to 60 TPH.

The facility, which is expected to achieve full-scale operations by 2025, is slated to be the single largest private Investment in Khammam district, Telangana Industries minister KT Rama Raos office said after the minister met the Godrej group of companys top brass in Hyderabad.

According to the company, the palm oil farmers will be serviced through 10 Godrej Samadhan centres, including one existing and nine in the pipeline, and their extension team.

The company will also deploy digital technology with tools such as satellite and drones to track the area under cultivation, offer image-based crop advisory Services, farmer apps and sapling portal among others, in the region.

The Godrej Agrovet top boss also informed the minister that the company is actively considering opportunities to expand its presence in other sectors such as animal feed, aqua feed, agrochemicals, Poultry processing and Dairy, among others, in Telangana over the next few years.

Telangana has set a goal of bringing 20 lakh acres in the state under palm oil cultivation as part of efforts to reduce dependence on imported oil.

No bottoms up for Hyderabad, Telangana districts lead in drinking

Alcoholconsumption among Hyderabads men and Women seems to be much lower than those living in other parts ofTelangana.

At least thats what the latest National Family Health Survey (NHFS-5) data suggests. Its numbers show that about 43 per cent of men in thedistricts aged 15 to 49 years are liquor enthusiasts while the count in the city is just about 28 per cent. It is closely followed by Adilabad at 28.3 per cent.

The NHFS-5 data debunks another stereotype: That most working women drink in Hyderabad. In fact, according to it, women in the same age group figure at the bottom of the charts with a meagre 0.7 per cent of them consuming alcohol. Another intriguing revelation in the report comes from Khammam. The district that received over 7,000 applications in the recent liquor auction highest in the state has just 31.8 per cent of men who enjoy their alcohol.

Interestingly, its the small and rural district of Jangaon that has maximum men 60.6 per cent hitting the bottle. It is followed by Yadadari Bhongir district (58.4 per cent), Mahbubabad (56.5 per cent), Nagarkurnool (55.5 per cent), Warangal Rural (54.4 per cent) Medak (54 per cent) Jayashankar Bhupalpalli (53.1 per cent), Nalgonda (51.4 per cent) and Siddipet (50.3 per cent).

Telangana’s Dharani land portal completes 10 lakh transactions

TheTelanganagovernments prestigious Dharani web portal has completed 10 lakh transactions and the portal witnessed a recorded 5.17 crore hits in the past one year.
The web portal was launched on October 29, last year to complete agricultural land registrations, mutations and other land related transactions.

With the launch of Dharani, registration Services were being done in all 574 mandal offices which were earlier being done only in 141 sub-registrar Offices.

Annual income limit for EWS quota in Telangana fixed at Rs 8L

The annual income limit for availing Economically Weaker Sections (EWS) quota for initial appointments in posts and for admissions into educational institutions in has been fixed at Rs 8 lakh.

As per the guideline issued by the State Government for implementation of 10 per cent reservation to EWS, only those from EWS are eligible who are not covered under the scheme of reservations for Scheduled Castes, Scheduled Tribes and Backward Classes.

The gross annual income limit for availing the EWS reservation is below Rs 8 lakh. The income shall also include income from all sources that is salary, Agriculture-notes-for-state-psc-exams”>Agriculture, business, profession, etc., for the financial year prior to the year of application.

The guidelines stipulate that 33.3 per cent of the initial appointments in posts and Services under the state government earmarked for EWS category would be allocated to Women among them. The maximum age for direct recruitment to a post would be raised by 5 years for EWS candidates on par with SC, ST and BC candidates.

The Centre in 2019 had announced a 10 per cent quota for EWS in higher educational institutions including private institutions and initial appointments in services under the state.

Telangana legislature in 2017 had already passed a Bill enhancing Reservation for Muslims from four per cent to 12 per cent and for Scheduled Tribes (STs) from six per cent to 10 per cent.

State revenue receipts during first two months close to 20,000 cr.

The States during the first two months of the current financial year reached close to 20,000 crore with revenue at the end of May pegged at 19,956.2 crore.

Tax revenue during the first two months stood at 18,751.39 crore with tax revenue during May registered at 9,459.42 crore, slightly higher than 9,291.97 crore of April. Earnings in the form of Goods and Services Tax reached 6,223 crore in the first two months, achieving 14.75% of the 42,189.47 crore projected in the budget estimates. Registration and Stamps revenue too reached 2,586 crore, registering 16.58% of the 15,600 crore of the revenue estimated for the entire fiscal.

The States share of union taxes registered single digit Growth at 9.64% reaching 1,195.54 crore against the years estimate of 12,407.64 crore while the State Excise duties during the period were pegged at 2,599 crore against the estimated 17,500 crore, achieving 14.86%. Revenue through sales tax reached 4,872 crore at the end of May, little higher than 2,308 crore reported during April and this was 14.76% of the 33,000 crore projected for the fiscal.