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Hyderabad, Jan 28 (IANS) Telangana Chief Minister A. Revanth Reddy said on Tuesday that the investments attracted by the state during the recent World Economic Forum meeting in Davos is the biggest win of his government in 14 months.
Addressing a news conference, he said the state government signed MoUs with various companies, which will bring an investment of Rs.1.8 lakh crore.
He said this investment will not only result in the launch or expansion of businesses of the companies concerned but will create jobs for youth.
The Chief Minister said that the conspiracy hatched by some people against Telangana by creating doubts has been foiled as globally renowned companies and investors have reinforced their trust in the government.
Without naming anyone, he said certain people carried out false propaganda with ill-gotten money to strike at the roots of the Telangana economy.
The Chief Minister stated that investments in Telangana and Hyderabad is a continuous process. Despite political differences, there should be no disputes when it comes to the state’s development.
Revanth Reddy said his government continued whatever good policies pursued by the governments in the past and came out with more incentives to attract investments.
He assured the companies which signed the MoUs with the state government that the government would allot them the required lands and provide all necessary support. He said the government would continue its efforts to develop Telangana as one trillion-dollar economy.
Referring to the MoU between Telangana Young India Skill University and Singapore’s ITE, he said this would go a long way in improving the skills of Telangana youth.
Minister for Information Technology and Industry D. Sridhar Babu, who accompanied the Chief Minister on the visit to Singapore and Davos, said last year the state government had attracted Rs 40,000 crore investment during the WEF annual meeting.
The minister claimed that the state government’s pro-business policies resulted in a fourfold jump in investments this year. He said this investment would create 49,500 jobs in Telangana.
Sridhar Babu said an agreement was signed with the Singapore government for skill development. He exuded confidence that this would result in creating more employment opportunities for the youth and developing Hyderabad into a skill development hub.
The minister said the Skill University was established to cater to the skills required by the industry.
“We are focussing both on attracting investments and on skill development,” he said.
Sridhar Babu said CapitaLand Group has come forward to set up a skill centre at a cost of Rs 450 crore.
–IANS
ms/dan

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Thrissur, Dec 13 (IANS) In a significant political development, the Bharatiya Janata Party’s Muslim candidate, Mumtaz, has won the Kannankulangara ward in the Thrissur Corporation elections, wresting the seat from the Congress.
The victory is being viewed as a notable success of the BJP’s strategy to make inroads into Congress-held wards in the corporation. While the party had fielded a well-known entrepreneur this time, Mumtaz’s candidature stood out as both distinctive and unexpected. She was the only Muslim candidate fielded by the BJP in Thrissur.
Mumtaz secured victory from the 35th division of the corporation, a ward with a clear Hindu majority. She and her family have been associated with the BJP as workers and supporters for the past eight years. Over the last two years, she was also entrusted with responsibilities in the party’s Minority Morcha, with a role based in Chennai.
An entrepreneur by profession, Mumtaz runs a pet grooming shop in Thrissur that caters to the care of domestic animals. She has described her candidature as an opportunity to work for and serve her hometown. Earlier, she had said that the development vision articulated by Prime Minister Narendra Modi drew her to the BJP.
A party member for eight years, Mumtaz has been actively involved in BJP activities and election campaigns, including those led by actor-turned-politician Suresh Gopi. In the Kannankulangara ward, she defeated Congress candidate Sindhu Chakkolayil, while Seena was the Left Democratic Front (LDF) nominee.
This year’s Thrissur Corporation elections have also highlighted the growing participation of women in local body politics, with as many as 28 women candidates in the fray.
Speaking earlier on her selection as a candidate, Mumtaz had said, “I have been working for the party for the past eight years. The party chose me because it felt I was capable of reaching out to the people. Whether it is my business or my personal life, I am someone who engages actively with society.”
–IANS
sg/skp

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New Delhi, Jan 7 (IANS) Jan Aushadhi outlets made over Rs 1,255 crore in sales of medicines till November, the Prime Minister’s Office said on Tuesday.
Taking to social media platform X, the PMO said that buying medicines from these outlets led to savings of about Rs. 5,020 crore to the citizens.
“Jan Aushadhi outlets cross Rs 1,255-cr sales till Nov-end; entails benefit of Rs 5k cr for citizens,” the PMO said.
Jan Aushadhi Kendras are special centres that provide quality medicines at affordable prices to the masses. It was set up under the Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP), a public welfare scheme, launched in November 2008.
The Scheme is being implemented through the Pharmaceuticals & Medical Devices Bureau of India (PMBI).
Earlier, the Ministry of Chemicals and Fertilizers informed that 14,320 Jan Aushadhi Kendras have been opened nationwide, till November 2024.
In 2023-24, PMBI, under the Department of Pharmaceuticals, registered sales of Rs.1,470 crore which led to savings of approximately Rs.7,350 crore to the citizens.
In the last 10 years, approximately Rs.30,000 crore has been saved under this Pariyojana.
In 2024, the PMBJP also inked several Memorandum of Understanding (MoUs) with Central Armed Police Forces, National Security Guard & Assam Rifles (CAPFs, NSG & AR) for enhancing healthcare accessibility by bringing Jan Aushadhi medicines to CAPFs, NSG & AR (MHA) Hospitals, it said.
Besides, the first overseas Jan Aushadhi Kendra opened in Mauritius.
The Department of Pharmaceuticals also implemented a scheme during the ongoing fiscal for strengthening the pharmaceutical industry with a total financial outlay of Rs 500 crore, the ministry said.
The scheme aims to provide support to existing pharma clusters and MSMEs across the country to improve their productivity, quality, and MSME clusters, it added.
–IANS
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