‘Our aim a $1 tn economy by 2034’

metro india news I hyderabad

Chief Minister A. Revanth Reddy said the Bharat Summit was aimed at showcasing Telangana to the world as an investment-friendly destination and attracting investments to accelerate the State's economic growth.

Addressing a media conference on Friday, he said around 1,000 delegates from 70 countries were participating in the two-day Bharat Summit being held on November 13 and 14. The event would provide an opportunity for international delegates to visit Hyderabad, understand its industrial policies and explore investment opportunities.

“Hyderabad offers a favourable environment for investments. We have invited people occupying different positions in various fields to participate in the summit. Every guest attending the event will become a brand ambassador for Telangana,” he said.

The Chief Minister announced that the Invest Telangana Global Summit would be held on December 7, 8 and 9. Curtain-raiser events had already been organised in Delhi and several other places, while similar programmes would be held in Mumbai and Ahmedabad.

The government was working towards transforming Telangana into a $1 trillion economy by 2034 and a $3 trillion economy by 2047, he said. Revanth Reddy alleged that the Centre had initially granted permission to some people invited to the Bharat Summit but subsequently denied them permission. He also accused the BJP and BRS of opposing every decision taken by the State government in the interests of Telangana's people.

Referring to projects such as the Musi rejuvenation, Metro expansion, Regional Ring Road and Tummidihatti, he said the two parties were opposing development initiatives. “They are not opposing the Congress; they are opposing the people of Telangana,” he alleged.

The Chief Minister criticised Union Minister G. Kishan Reddy, Telangana BJP president Ramchander Rao and BRS working president K.T. Rama Rao for allegedly misleading people.

On the participation of Congress leader Rahul Gandhi in the summit, Revanth Reddy questioned the BJP's criticism, pointing out that Prime Minister Narendra Modi frequently visited foreign countries to deliver speeches and attend international conferences.

“When Piyush Goyal attended the curtain-raiser event for the Global Summit in Delhi, the BJP welcomed him. But when Rahul Gandhi comes to Hyderabad for the Bharat Summit, why are they criticising his visit?” he asked.

Rahul Gandhi would deliver the concluding message at the Bharat Summit, he said, questioning why the BJP was opposing the Leader of the Opposition in the Lok Sabha. He accused the party of displaying an authoritarian attitude and urged its leaders not to bring political differences into an international event.

Revanth Reddy also announced that the State government would implement the Gig Workers Act from Saturday, with Rahul Gandhi formally launching the implementation of the Gig Workers Policy. He alleged that the Union government had shown little interest in protecting gig workers.

Emphasising the importance of democratic debate, the Chief Minister said all opinions should be considered in a democracy and recalled that the Constitution had been amended 106 times to ensure good governance. He also stressed the need for discussions on global peace.

Urging BJP leaders to demonstrate political maturity, he said political differences should not be directed against the people of Telangana. He alleged that the BJP was opposing Rahul Gandhi's visit for political reasons and claimed that the party was apprehensive about his growing political challenge.