Telangana's Economic Brilliance: Leading Through Taxes and Entrepreneurship

The Economic Survey 2024-25 highlights Telangana as a leader in own tax revenue with 88%, followed by Karnataka and Haryana at 86%. It also recognizes Telangana's high irrigation coverage and the significant role of WE Hub in advancing women's entrepreneurship, having supported numerous start-ups and entrepreneurs.

Telangana emerged as the frontrunner in own tax revenue with 88% between April and November last year, as per the Economic Survey 2024-25 released on Friday. The state, along with Karnataka and Haryana, set a benchmark with their economic strategies, reflecting progressive governance.

Additionally, Telangana stands among the top three states with significant irrigation coverage of 86% of its gross cropped area. This achievement trails possibly only Punjab and Haryana, which boast impressive figures of 98% and 94%, respectively.

WE Hub, an initiative based in Hyderabad, has been commended as a model for encouraging women's entrepreneurship. Since its inception, it has raised Rs 177 crore in funding and supported 6,376 start-ups, showcasing the power of government-backed programs in transforming regional economies.

(With inputs from agencies.)