Telangana: economy
This is a collection of articles archived for the excellence of their content. |
As in 2022
Sribala Vadlapatla, March 7, 2022: The Times of India
From: Sribala Vadlapatla, March 7, 2022: The Times of India
HYDERABAD: The state’s wealth is concentrated in Hyderabad, which is a known fact, but here’s how.
Hyderabad accounts for half of the state’s total bank deposits. The youngest state in the country — Telangana — 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, and Rangareddy with 30,179 crore deposits.
Explaining the trend here, K Narasimha Murthy, one of the directors of the National Stock Exchange (NSE), said: “Usually, cities with good and stable income groups show high deposit. States like Gujarat, Maharashtra and Uttar Pradesh will have high deposits even in other districts as they have more than one city with good economic activity. But, whereas Telangana has three districts — Hyderabad, Medchal-Malkajgiri and Rangareddy — with high deposits, but all the three are part of Hyderabad.”
The deposits can be of any type, but the high credit ratio indicates a healthy economy, the banking expert added.
Similar to Gujarat, Maharashtra and Punjab, Telangana will have a high credit deposit ratio due to strong business activity, according to Murthy.
While many districts in Telangana have only a few commercial branch operations, the majority of them have deposits less than 2,000 crore.
Experts pointed out that there is a need for growth to be expanded to other areas of the state.
“Mostly, capitals of the states will be the growth and economic engines of the state. However, Hyderabad is more robust among all, generating 68% of the state’s income, but there is a need for two or more economic engines in the state along with Hyderabad,” said professor RV Ramana Murthy, professor, school of economics, University of Hyderabad (UoH).
Land ownership
U Sudhakarreddy, Dec 25, 2022: The Times of India
From: U Sudhakarreddy, Dec 25, 2022: The Times of India
Hyderabad : Eight years after Telangana was formed, Backward Classes (BCs) have emerged on top in owning agricultural land in the state. A recent survey by the Rythu Swarajya Vedika (RSV) has revealed that 44% of agriculture land in Telangana is now owned by BCs, followed by forward castes (FCs), who own 43% of farmland.
According to the survey, BCs bought the land from other castes (OCs) and are now proud owners of agriculture landholdings. However, only 26% of landowners are cultivating while rest are into private work, government jobs or business, the survey said.
Kiran Kumar Vissa ofRSV, a confederation of farmers’ associations, said: “It has emerged that 49% of leased land is also held by BCs, 33% by FCs, 10% by SCs and 7% by STs and minorities. ”
RSV covered 2,753 tenantfarmer families in 20 districts of Telangana as part of the survey. The families, who took land on lease and cultivated, have gone on to own the land after purchasing it from the original owners, it said. Kiran Kumar said: “Half the people in cities buy land for investment and rent it out. ”
BC leader and Rajya Sabha MP R Krishnaiah said most of Munnuru Kapus own land in Nizamabad, Adilabad and Karimnagar, while Yadava, Golla and Kuruma communities own landholdings in Sangareddy and Medak.
Gouds own land in Nalgonda and Warangal. “Munnuru Kapus, Yadavas, Gollas, Kurumas and Gouds among BCs own most agriculture landholdings,” he explained. At least 72% of land ownership is with men,10% with women while 18% is jointly held, the survey said. Krishnaiah attributes the shift in landholding ownership to the Land Ceiling Act, which has brought significant land reforms. “In Telangana, only 30-35% of farmland was held by BCs till two decades ago. Post-millennium, it has witnessed significant changes. A majority of the OCs sold land and went abroad. Some of them shifted to cities. When nobody was willing to take up agriculture, BCs took up farming,” he told TOI.
He demanded both landowners and tenant farmers be given input subsidy under the Rythu Bandhu scheme. According to the survey, 61% of tenant farmers are BCs, followed by 23% SCs, 10% STs and 4% OCs.
