Deprivation and Under development; Structure and Growth of Telangana economy

Telangana economy in United AP (1956-2014)

Deprivation and Under development

The value of the human development index at the State level grew at the rate of 8.3 percent per annum between 2004-05 and 2011-12. Nizamabad and Khammam achieved the highest growth rate of 12 percent during this period. Adilabad, Mahabubnagar, Medak and Rangareddy achieved a growth rate of 9 to 11 percent. The growth rate was below the State average in Hyderabad, Karimnagar and Warangal as their base year HDI is higher for these districts compared to other districts.

Further, the values of each component of HDI have been projected for 2015-16. Ranks have been allotted to districts on the basis of these projected HDI values. Hyderabad and Rangareddy retained their positions as the first and second highest districts in the State. Medak and Mahabubnagar remained as the bottom two districts. There were changes in rankings at the middle level. Khammam, Adilabad and Nizamabad improved their positions while the ranks of Warangal, Karimnagar and Nalgonda slipped. Thus, the top fi ve districts in 2015-16 would be Hyderabad, Rangareddy, Khammam, Adilabad and Warangal districts. This is despite of the fact that Khammam, Adilabad and Warangal consist of high percentage of Scheduled Caste and Scheduled Tribe population. Besides this Adilabad and Warangal are highly urbanized with 28 percent of population live in urban areas. Urbanisation may be a lead factor for achieving a high value of HDI.

Structure and Growth of Telangana economy

State Income or Gross State Domestic Product (GSDP) is the most important indicator in measuring the economic growth of a State. These estimates reveal the extent and direction of changes in the level of economic development. However, economic growth need not guarantee human/social development. For this to happen, Government need to play an important role in allocating fi nancial resources towards health, education, and social welfare programmes. In this context, the present chapters outline the performance of the Telangana’s economy, structure of employment in the State, infl ation and public finance.

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