Vikasit Telangana @ 2047: Pathways to a $3 Trillion Economy through Sustainable and Inclusive Development
Sandeep Reddy N
MPhil Research scholar Department of Public Administration Dr. B. R. Ambedkar Open University Hyderabad–5000033 (T.S.)
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http://doi.org/10.37648/ijps.v21i02.041
Abstract
The youngest state of India, Telangana, a state that was created in 2014, has become one of the most dynamic regional economies with great developmental expectations. The Telangana Rising Vision 2047 paper provides a holistic plan to become a 3 trillion economy by 2047, as India celebrates its 100th year of independence. This paper will look at the strategic pathways that have been outlined towards the realization of this ambitious objective using sustainable and inclusive development models. In the work, the current economic pattern of the state of Telangana, the potential based on information technologies, the pharmaceutical industry, and upcoming developments such as data centres and renewable energy sources are examined, and the innovative model of 3 zones, namely CURE (services), PURE (manufacturing), and RARE (agriculture) zones, is discussed. With reference to secondary data, which is the government reports, statistical abstracts, and policy documents, this study assesses whether it is possible to sustain compound annual growth rates of 11-13% to meet the target of 3 trillion. The results indicate that although Telangana has good background opportunities, such as the development of strong infrastructure, human resources, and progressive administration, the implementation of the vision requires high foreign direct investment, productivity, and strategic orientation towards sustainable development objectives. Policy recommendations are the final part of the paper covering the balanced regional development, women's empowerment, and environmental sustainability.
Keywords:
Vikasit Telangana; Economic Development; Sustainable Growth; Inclusive Development; Vision 2047; Regional Economy; India
References
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