Assocham prescribes growth medicine to T state

Telangana needs to speed up its infra projects and develop new ones if it wants to bridge the development gap between Hyderabad and the rest of Telangana. This, in short, is the clear and concise message of industrial body Assocham to Telangana government.

Developing infrastructure in Telangana is essential for reducing costs of economic activities. Assocham's strategy paper titled 'Realising Growth Potential of Telangana', submitted to Telangana CM KCR, has given the possible contours of T state's developmental vision.

Invest Telangana in December: The Assocham would be holding 'Invest Telangana' in December this year, with a view to mobilise investments in the state
As such, mobilising resources to fulfil promises made in the election manifesto is the single most immediate concern for the state government. Telangana needs to focus on a strategy of using public investment exclusively for development of primary sector and private investment for industry and service sectors, Assocham secretary DS Rawat said.

T man power unsuitable:
Assocham strongly felt that the available human resources of Telangana are largely considered to be unsuitable to work in a dynamic corporate environment. It said there was a direneed to set up modern training centres through cooperation of the corporate sector across the state. The new state needs to pay more focus on improvement of power sector and the state must initiate adequate measures to reduce quantitative and qualitative shortfall of power supply across the state, particularly for industries, the paper said.

Solar, Dairy, Food processing drivers of Growth:
The state government must focus on sanctioning of new solar power projects and monitor their implementation on priority, the paper said. The chamber has also suggested the state to scientifically develop the food processing industry leveraging unexploited natural strengths of Telangana in this regard. Besides, the state has huge potential to promote growth and development of poultry and dairy industries across the state. Providing adequate long-term finance to micro, small and medium enterprises, promoting tourism sector through upgradation of tourist infrastructure are among the other recommendations in the strategy paper.