The Congress government has proposed Rs 10,000 crore for Hyderabad city describing Hyderabad City as the centre of growth in Telangana.
Introducing the budget for 2024-25, Finance Minister Mallu Bhatti Vikramarka said the integrated growth of Hyderabad would enable the government to mobilize resources for the state’s development. He said that keeping this in view, the government has proposed a never before proposed amount of Rs 10,000 crore for the development of Hyderabad.
He said the government has proposed Rs 3065 crore for the GHMC, Rs 500 crore for the HMDA, Rs 3385 crore for Metro Water, Rs 200 crore for HYDRA, Rs 100 crore for providing Metro connection to RGI Airport, Rs 200 crore for ORR, Rs 500 crore for the Hyderabad Metro, Rs 500 crore for the Old City Metro, Rs 1,500 crore for the Musi Development Project and Rs 1525 crore for the Regional Ring Road (RRR) in the budget.
Bhatti said that there are a large number of big firms and IT companies around Hyderabad. Employees working in these companies have to travel long distances to reach their workplace. If their homes are closer to their workplace it would be a relief to them. It will lessen the traffic on roads. Areas on the outskirts of Hyderabad have the potential to develop into self-sustainable areas and will reduce the pressure on civic bodies.
“It is our aim to promote satellite townships around Hyderabad. We will encourage the construction of affordable houses at reasonable rates. We will try to provide facilities like parks, community halls, commercial centres, schools etc in these townships,” Bhatti said.
