Governor of Telangana, Tamilisai Soundararajan ji, Chief Minister, Shri Revanth Reddy ji, my cabinet colleague G. Kishan Reddy ji, Soyam Bapu Rao ji, P. Shankar ji, other dignitaries, ladies and gentlemen!
Today, the land of Adilabad is witnessing a multitude of developmental initiatives, not only for Telangana but for the entire country. It is my privilege to inaugurate and lay the foundation stone for over 30 development projects amongst you all. Valued at a staggering Rs 56,000 crore, these projects will script a new chapter of development in many states across the nation, including Telangana. They encompass significant ventures in energy, environmental conservation efforts, and the advancement of modern road networks in Telangana. I extend my heartfelt congratulations to the people of Telangana and all fellow citizens for these transformative projects.
Friends,
Nearly a decade has passed since the inception of our government at the Centre and the establishment of Telangana State. The Central Government is steadfast in its support to fulfil the development aspirations of the people of Telangana. Today marks the inauguration of the second unit of NTPC, with a capacity to generate 800 MW of power in Telangana. This milestone will augment the state's power generation capacity and meet its growing energy demands. Furthermore, the electrification of the Ambari-Adilabad-Pimpalkhuti railway line has been successfully completed. Additionally, the foundation stone for two new national highways has been laid in Adilabad-Bela and Mulugu. These modern transportation facilities by rail and road will catalyze the development of the entire region and Telangana. They will reduce travel time, spur industrial and tourism growth, and foster numerous new employment opportunities.
Friends,
Our central government adheres to the principle of advancing the country's development through the progress of individual states. Similarly, as the nation's economy strengthens and confidence in the country grows, states reap its benefits and witness increased investment. You have observed how Bharat's rapid economic growth has garnered global attention over the past 3-4 days. Bharat stands out as the only major economy in the world to have achieved a growth rate of 8.4 percent in the last quarter. With this speed our country will become the third-largest economy globally. This will aid in the rapid expansion of Telangana's economy as well.
Friends,
Today, the people of Telangana are witnessing the transformative changes in the country's approach over the last 10 years. Previously neglected regions like Telangana confronted myriad challenges, but over the last 10 years, our government has significantly increased investment in Telangana's development. For us, development entails uplifting the most marginalized communities, including poorest of the poor, Dalits, and tribals. The tangible outcome of our initiatives is evident in the upliftment of 25 crore people out of poverty, facilitated by our comprehensive welfare schemes for the poor. We are committed to accelerating this development momentum in the next five years.
With this determination, I extend my heartfelt gratitude to you all. In just 10 minutes, I will be heading to a public event where pertinent topics will be discussed which are more suitable for that platform. Therefore, I conclude my speech here. I am looking forward to engaging in more candid discussions in about 10 minutes in that open field. Once again, I thank the Chief Minister for sparing his valuable time to join us. Let us march forward together in the journey of development with unwavering resolve.
Thank you very much.
