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Telangana state govt to launch exclusive IT SEZ for minority industrialists

Hyderabad: The Telangana State Government has decided to launch an exclusive IT SEZ for the minority industrialists in Hyderabad.

Announcing this, the Chief Minister, K Chandrasekhara Rao told the Legislative Assembly that his Government will strive for the all-round betterment of all minorities.

Rao listed several measures already initiated in the direction. To encourage minority entrepreneurs, TS PRIME, on the lines of TS PRIDE, a welfare scheme has been started to encourage SC/ST entrepreneurs.

In a statement, the CM said the government has launched an innovative scheme in the twin cities called own your auto. Under his scheme, 1,783 minority youth were given autos on 50 per cent subsidy. For the self-employment of the minority youth, the subsidy component of the government has been increased from 50 per cent to 80 per cent.

Skill development is also imparted to minorities in association with ECIL, CIPET and SETWIN to increase their job opportunities.

Referring to the overall government plan, Chandrasekhara Rao said for the welfare and development of minorities who constituted 14.24 per cent among the population, a comprehensive plan has been prepared.

The budget allocation was Rs. 1,030 crore in the first State Budget, which was further hiked to Rs. 1,204 crore the same year. In comparison, during the two decades, minorities remained completely neglected and during 1995-96, the budget allocation was a paltry Rs. 1.20 crore, the Chief Minister said.

To improve the education levels, the government is setting up residential schools exclusively for minorities at a cost of Rs. 8,000 crore.

During 2016-17, atleast 71 such schools were started. Another 129 schools will be started in the next academic year. With this, there will be 200 residential schools. In view of the large percent of girls dropping out of the schools, 100 schools for girls have also been started.

http://www.thehindubusinessline.com/news/national/telangana-govt-to-launch-exclusive-it-sez-for-minority-industrialists/article9490240.ece

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