KTR asks Nirmala Sitharaman for infra subsidies in next budget

Hyderabad: Minister of Telangana Industries, KT Rama Rao, wrote a series of letters to Union Finance Minister Nirmala Sitaraman on Sunday and called for sufficient fund allocation for infrastructure development in the next Union budget 2022-23.

The finance minister will present the budget to parliament on February 1.

In its letters, KTR requested funds for several initiatives planned by the state government, ranging from the establishment of the National Design Center in the state to the proposed Hyderabad Pharmaceutical City.

“As you may recall, we had repeated interactions regarding the establishment of the first National Design Center (NDC) in Hyderabad. As you have advised, we are not setting up a new pristine campus for the NDC, but we are now planning to occupy space in the existing National Academy of Construction (NAC) building to start operations of the NDC. We seek your support for initial capital expenditures, primarily to make the NDC functional through interior works, laboratory equipment and machinery, IT infrastructure, consulting expenses, etc. It is envisaged that the Center will become autonomous,” he wrote in the letter.

He then thanked her for the hub for including Hyderabad – Warangal & Hyderabad – Nagpur Industrial Corridors by NICDIT and considering funding two nodes initially i.e. Hyderabad Pharma City (HPC) and National Industrial Manufacturing Zone (NIMZ ), Zaheerabad and further requested that the additional node at Manchirialunder Hyderabad – Nagpur Corridor be considered for fund approval.

“It is therefore requested to include the budget to the extent of at least ₹2,000 Crores for each of the above nodes (2,000 X 3 nodes = 6,000 Crores) under Hyderabad -Warangal, Hyderabad -Nagpur and one node additional to Mancherial in the budget estimates for 2022-2023 of your esteemed ministry and oblige,” he said.

In the letter regarding Industrial Corridor Funds, KTR requested him to include an allocation of at least Rs. the state is very keen to resume.

KTR asked Nirmala Sitaraman to include the city of Hyderabad in the Defense Industrial Production Corridor it had recently announced. “I would like you to consider including Hyderabad in the proposed Defense Industrial Production Corridor to increase and sustain the growth of defense manufacturing in Telangana State,” he said.

“The state already has a vibrant private sector ecosystem with several established companies in the aerospace and defense sector. Several private companies such as Tata Advanced Systems Limited, MTAR, ATL, SEC, ASTRA, VEM, ZEN, HBL, PEL, IDL, etc. have established themselves as manufacturing partners for domestic and foreign OEMs. Several prestigious National Defense and Space programs have been supported by Telangana-based industries,” he added.

In another letter, the Minister of Industry requested the necessary support for the development of Hyderabad Pharmaceutical City, which has already been approved under the central government’s National Investment and Manufacturing Zones (NIMZ) scheme.

In line with this, KTR requested an allocation of Rs 50 crores for the overall concept level master plan, Rs 1399 crores towards road links, water supply, power supply, rail connectivity and airstrip. landing/heliport and Rs 3,554 crores towards ZLD based CETP (INR2023 Cr), solid waste management facility, internal roads, electrical infrastructure, water supply, storm water drainage, site development and landscaping.

“I would like to reiterate that Hyderabad Pharma City promises to position India as a global pharmaceutical manufacturing hub. For the project of this nature and scale to succeed, it is imperative to have strong support of the Indian government,” he said.

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