Telangana capital

  1. Telangana
  2. Telangana will be 29th state, Hyderabad a shared capital for 10 years
  3. Karnataka
  4. Visakhapatnam will be Andhra Pradesh’s new capital, announces Chief Minister Jagan Reddy
  5. Kinara Capital Plans INR 800+ Crores Disbursements in FY24 Deepening its Commitment to MSME Growth in Telangana & Andhra Pradesh


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Telangana

History of Telangana Sanskrit writings dating to about 1000 bce mention that “ bce) to the north. The great Mauryan emperor c. 265–238 bce) sent Buddhist missions to the Andhras in the south. The Buddhist ce and came to control nearly all of the c. 150–250 ce), the founder of the The Andhras remained in power until the 11th century, when the eastern Mahabharata into Telugu, thus inaugurating Telugu as a literary medium. During the 12th and 13th centuries the dynasty of the Kakatiyas of Hyderabad stayed loyal to the British during the second and third To the south and east, the Telugu-speaking Andhra region became part of what was then Madras state (now mainly At the time of Andhra Pradesh’s creation, a regional committee for Telangana was also established as a special feature of the state government. The committee was intended to ensure that issues in the region, which was economically and educationally less advanced than the coastal areas of the state, were adequately considered. However, it became widely believed in the Telangana region that those

Telangana will be 29th state, Hyderabad a shared capital for 10 years

New Delhi: Telangana, one of the three regions of Andhra Pradesh, will be carved out as India's 29th state; the IT hub of Hyderabad will be a common capital for the next 10 years, the Congress said today. The decision to create a Telangana state, a process that's likely to take six months, was cleared this evening first by the parties in the ruling coalition and then by the Congress's powerful Working Committee. While the Centre will seek the Andhra Pradesh Assembly's comments and feedback, its suggestions are not binding on the Centre, stressed Congress leader Digvijaya Singh. A bill that creates the new state will have to be passed by Parliament. Over the next few months, the Centre will ensure that the concerns of the residents of Telangana and Seemandhra are addressed and resolved within "a specified time frame". The focus will be on how to distribute resources like water, electricity and revenue between the old and new states. Telangana, the largest of the three regions in Andhra Pradesh, contributes more than 60 per cent to the state's revenue and is home to 40 per cent of its population. In comparison, Coastal Andhra accounts for 14 per cent of the state's earnings; Rayalaseema brings in just four per cent.

Karnataka

Get a Britannica Premium subscription and gain access to exclusive content. Climate The climate of Karnataka is subtropical, with winter (January and February), summer (March through May), southwest monsoon (June through September), and post-monsoon (October through December) seasons. Maximum daily temperatures in winter reach the upper 80s F (low 30s C), whereas in the summer months temperatures rise into the low 100s F (about 40 °C). Annual precipitation ranges from roughly 20 inches (500 mm) in the drier portions of the Maidan to nearly 160 inches (4,000 mm) in the wettest parts of the coastal plain. Most of the state’s annual precipitation falls between June and September; much of the remainder is brought by a less-significant northeast monsoon that blows during the post-monsoon season. The winter months are particularly dry. Plant and animal life

Grants

“In April last fiscal, the union government released Rs.189.66 crore against an estimated Rs.41,001.73 crore of grants. Though we did not receive funds on expected lines, there was some respite. But this fiscal, no funds at all were released for April and May,” a top official in the Finance department told Telangana Today. Meanwhile, the report highlights that while the estimated debt under capital receipts amounted to Rs.38,234.94 crore, the State government raised Rs.5,026.30 crore through loans in April alone. Additionally, the total revenue and capital gains for April reached Rs.15,085.34 crore. Sources said the State government was forced to raise huge funds through loans in the first month itself in the absence of Central funds. Of the total amount, the government spent a total of Rs.12,643.85 crore, with a significant portion of Rs.6,291.46 crore spent towards employee salaries. Further, employee pensions accounted for Rs.1,466.32 crore of expenditure, while scheme subsidies and welfare schemes utilised Rs.702.82 crore and Rs.324.41 crore, respectively. BJP leaders have been arguing that the State government’s budget estimates were excessively high and contend that the budget includes But it is now evident that amidst all the exchange of criticism and allegations, the Central government did not release any funds at all to the State in April and May. It is uncertain whether the union government would loosen its purse strings at least in June.

Visakhapatnam will be Andhra Pradesh’s new capital, announces Chief Minister Jagan Reddy

Jan 31, 2023, 02:13PM IST Source: Times Now Visakhapatnam will be Andhra Pradesh's new capital, Chief Minister Jagan Mohan Reddy announced today, thus sealing the fate of the specifically-developed capital Amaravati. This comes in the ninth year after Telangana was carved out of Andhra Pradesh and got Hyderabad as its capital. On April 23, 2015, the Andhra government had declared Amaravati as its capital. Then in 2020, the state planned to have three capital cities — Amaravati, Visakhapatnam and Kurnool. That plan was later withdrawn and Amaravati remained the capital.

Kinara Capital Plans INR 800+ Crores Disbursements in FY24 Deepening its Commitment to MSME Growth in Telangana & Andhra Pradesh

Hyderabad, Telangana, India (NewsVoir) Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today announced furthering its reach in Telangana & Andhra Pradesh with plans to support thousands of MSMEs in this region by disbursing INR 800+ crores in FY24 in collateral-free business loans. Since the fintech began its operations in this region in 2016, the company has disbursed over 20,000 business loans to mostly micro - and small - enterprises in the urban and semi-urban regions across the states of Telangana & Andhra Pradesh. Kinara Capital recorded an AUM growth of 190% from FY22 to FY23 from these regions. The impact of supporting micro-small-medium enterprises (MSMEs) builds stronger communities with new opportunities for income generation and job creation. Kinara has disbursed more than INR 1,200 crores to date to MSMEs in Telangana & Andhra Pradesh which led to over INR 36 crores in incremental income generation for the small business entrepreneurs, and created over 16,000 new jobs in the local economies. In Telangana & Andhra Pradesh, Kinara Capital has seen highest disbursement and growth among these major MSME sub-sectors: Food Products, Building Materials, Electricals, Fabrication, Wood Products, Metal Components, and Fashion. Kinara provides business loans to over 300 sub-sectors across Manufacturing, Trading, and Services MSME sectors. Thirunavukkarasu R (Thiru R), Chief Operating Officer (COO), Kinara Capital, said, "I am proud to reaffirm ou...