Hyderabad, Nov 14 (PTI) Chief Minister A Revanth Reddy on Saturday assured entrepreneurs of full government support if they invest in the state, saying the aim was to raise Telangana to international standards in education, healthcare, industry and services.
He was speaking after laying the foundation stone for the Public Health Foundation of India (PHFI) Institute of Public Health Sciences and unveiling its campus master plan here.
He set a target of June 2, 2028, for completing the project and assured comprehensive government support. He also said he would personally serve as the institution's brand ambassador, and expressed hope that it would bring greater international recognition to Hyderabad in the healthcare sector.
Reddy said there was no "policy paralysis" or confusion over the state's policies, and that policies followed over the decades had continued. Despite political and ideological differences, his government had built on the best policies of its predecessors, including K Chandrasekhar Rao of the BRS, he said.
Institutions such as the Indian School of Business (ISB) and NALSAR had played a pivotal role in gaining global recognition for Telangana and attracting investments to Hyderabad, he said.
The government accorded the highest priority to healthcare, Reddy said, adding that about Rs 2,500 crore was being spent every year through the Aarogyasri health scheme and the Chief Minister's Relief Fund. A total of Rs 12,000 crore was being spent on developing hospitals, he said.
The Telangana Institute of Medical Sciences (TIMS) hospital at Sanathnagar had already been inaugurated, and the other TIMS hospitals under construction would be made operational soon, he said. A new building complex for the Nizam-era Osmania General Hospital was also being built in the city, he added.
World-renowned universities were setting up centres in Hyderabad, making international-standard education accessible locally, Reddy said.
He highlighted the state's "Telangana Rising 2047" vision to make Telangana a developed state by 2047. The aim was to build a USD 1 trillion economy by 2034 and a USD 3 trillion economy by 2047, and to raise the state's share of national GDP to 10 per cent, he said.
Referring to the Telangana Global Summit to be held on December 7, 8 and 9, he said about 65 per cent of the state's revenue was generated from areas around Hyderabad. Ranga Reddy district had the highest per capita income in the country, he said.
The CM said Telangana offered a favourable investment climate and urged entrepreneurs to invest with full confidence.
(This story has not been edited by THE WEEK and is auto-generated from PTI)