TS Economic Survey

Express News Service
Hyderabad, November 5:

  Telangana State, despite achieving a reasonably impressive performance in the recent past in terms of various macro-economic indicators,still has certain weak links, especially in the performance of social indicators, says the first Socio-Economic Survey of the State.
  The State government's Social Economic Outlook-2014 named as "Reinventing Telangana" was tabled in the State Legislative Assembly on Wednesday.
   The major challenge for the government of Telangana, in the light of foregoing, is to reformulate the policies and programmes of the undivided state to suit the economy, society, polity of Telangana so as to realise faster, inclusive and sustainable growth, the survey stated.

 GSDP:  Three districts Hyderabad, Ranga Reddy and Medak together account half of the GSDP of the state, while the districts Nizamabad, Adilabad and Warangal share 17 per cent of the GSDP. The main reason for this uneven distribution across the districts is an accout of large inter-sectoral income variations. The uneven regional distribution of income coupled with uneven growth is giving rise to widening regional disaprites, the survey said.

CHALLENGES OF TS:

* Erratic monsoon, untimely availability of inputs and credit, low productivity, depleting ground water, inadequate extension and poor irrigation.

* Declining public and private investment in agriculture. High employment intensity of the farm sector. Fluctuating agricultural growth and increased uncertainty and fluctuations in prices of agricultural commodities

*  Neglecting of link-tank irrigation system, provision of poor quality of power for pumping water for irrigation, restricting the provision of public canal irrigation system to a few areas.

* Endemic power shortage of owing to poor supply base in the backdrop of rising demand, incomplete large irrigation projects require huge resources and intense monitoring.

* Degraded forests hurting the rich forest cover, erosion and cultural wastes and a few ecological imbalances.

* Concentration of industrial development and services sector in and around Hyderabad and Ranga Reddy requiring wide dispersal into the other districts for ensuring balanced development.

* Stagnation in manufacturing sector
* The revenue potionetial of Telangana is also quite limited as  majority of the districts remaining economically backward coupled with the likely erosion of tax base in the short to medium term.

OPPORTUNITIES:

* The multi-cultural, cosmopolitan Hyderabad city accounts for about 30 per cent of the state population and contributes bulk of the State revenue. The city is already on the global investors' list of most attractive destinations.

* State's endowments in various types of soils and climates carry with it a good prospect of emerging as a seed bow of the country given appropriate support and capacity building efforts.

*There is a high potential for investment in inland fisheries in the state, as there is productivity gap in tank and reservoir fishery. There is also a need to realise the high growth potential of aquaculture sector while giving priorities to welfare programmes for those involve in reservoir and back-water fisheries.

* On the industries front, while the existing industrially advanced districts offer further scope for large and medium enterprises and greater Foreign Direct Investments to flow in, rest of the seven districts have high potential for food processing, forest-based products and mineral-based industries, particularly in the employment oriented MSME sector.


graphics

TS geographical area - 1,14,840 sq km
Population - 351.94 lakhs (2011 census)
GSDP - Rs 3,78,963 crore
Per capita income - Rs 93,151 (2013-14 prices)
The share of agriculture in GSDP is 17 per cent
Industry's share in GSDP is 27 per cent
Service sector's share in GSDP is 56 per cent
6 Municipal corporations
67 Urban Local Bodies
37 municipalities
24 Nagara Panchayats


DISTRICT-WISE GSDP IN 2012-13

Hyderabad - Rs 39,000 crore
Ranga Reddy - Rs 37,000 crore
Medak - Rs 25,000 crore
Karimnagar - Rs 18,000 crore
Nalgonda - 16,000 crore
Khamman - Rs 14,000 crore
Mahbubnagar - Rs 13,000 crore
Warangal - Rs 13,000 crore
Adilabad - Rs 11,000 crore
Nizamabad - Rs 10,000 crore



DISTRICT-WISE PER CAPITA INCOME

Adilabad - Rs 61,679
Nizamabad - Rs 60,026
Karimnagar - Rs 73,251
Medak - Rs 1,11,745
Hyderabad - Rs 1,23,992
Ranga Reddy - Rs 1,13,977
Mahbubnagar - Rs 59,909
Nalogonda - Rs 69,215
Warangal - Rs 58,007
Khammam Rs 75,014
Telangana - Rs 83,020


ends