South Africa tour of India 2019
State's Per Capita Income Is Increasing Faster Than Nation
The Per Capita Income (PCI) of the youngest State in the country has zoomed to almost double to that of the national PCI in a matter of just five years. That is a true reflection of the success story of the Telangana model of growth.
Though the national average per capita income grew at 6.3% for 2019-20, Telangana’s growth stood at 11.6% for the same period.
The State’s PCI in 2019-20 was an envious Rs 2,28,216, against the national PCI of Rs. 1,34,432, and what is more significant is that only 12 of the 33 districts in Telangana could not cross the national PCI, indicating a healthy trend of an improved standard of living in rural Telangana.
So, what has brought about this dramatic change?
Experts and officials say that the record-breaking completion of irrigation projects like the Kaleshwaram Lift Irrigation Scheme (KLIS) coupled with the supply of 24×7 quality power to the farm sector had resulted in an agriculture boom. This consequently led to increased productivity and production in the farm sector.
Simultaneously, schemes like sheep distribution and the tremendous push given to fisheries by releasing fishlings in all reservoirs and tanks across the State led to a substantial increase in the income of people involved in these sectors.
G R Reddy, Advisor (Finance) says, “The difference between the State per capita income and that of the national average is around Rs 93,784. The per capita income has gone up because of the government’s initiatives”.
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