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Telangana Cabinet Meeting: EC Grants Conditional Approval The Election Commission (EC) has granted conditional approval for the Telangana Cabinet meeting, setting specific guidelines for the agenda. Only urgent matters that need to be addressed before June 4th can be discussed, excluding issues such as agricultural loan waivers and the joint capital status. EC’s Conditional Approval for Telangana Cabinet Meeting The Election Commission has approved the Telangana state cabinet meeting with specific conditions. The EC emphasized that only urgent matters must be discussed before June 4th, explicitly stating that topics like the agricultural loan waiver and joint capital matters should not be addressed. Cabinet Meeting Postponement The cabinet meeting, initially scheduled to take place at the state secretariat on Saturday, had to be postponed. Chief Minister Revanth Reddy and his ministers arrived at the secretariat, prepared to participate in the meeting. However, they waited from noon until evening without receiving the necessary permission from the EC. As a result, the meeting was deferred at 7 PM. Telangana State
  • May 19, 2024

EC’s Conditional Approval for Telangana Cabinet Meeting

Telangana Cabinet Meeting: EC Grants Conditional Approval The Election Commission (EC) has granted conditional approval for the Telangana Cabinet meeting,…
The Mahalakshmi Scheme, a groundbreaking financial assistance initiative, has been announced by Chief Minister Revanth Reddy. This scheme promises to provide Rs. 2500 monthly to the women of Telangana, aiming to enhance their financial stability and empowerment. The implementation date has been eagerly awaited and is set to follow the upcoming Lok Sabha election results. Guarantee Schemes Benefiting Telangana Since taking office, CM Revanth Reddy has launched several guarantee schemes aimed at improving the lives of Telangana's residents. These include the Indiramama Indlu, Gruha Jyoti, Mahalakshmi Scheme for free travel, affordable LPG cylinders at Rs. 500, and Rythu Bharosa for farmers. Each of these initiatives has contributed to the state's socio-economic development, and now the Mahalakshmi Scheme is set to further this progress. Details of the Mahalakshmi Scheme The Mahalakshmi Scheme is designed to provide monthly financial support to women, offering Rs. 2500 to help enhance their economic independence and overall well-being. This initiative is not only a step towards financial stability but also a significant move towards women's empowerment in Telangana. Telangana State
  • May 19, 2024

Revanth Reddy Announces Payment Date for Mahalakshmi Scheme Get Ready for 2500 Rs Financial Assistance

Introduction to the Mahalakshmi Scheme The Mahalakshmi Scheme, a groundbreaking financial assistance initiative, Revanth Reddy Announces Payment Date for Mahalakshmi…
Telangana Switches Official Abbreviation from "TS" to "TG" Telangana, India's youngest state, has officially adopted "TG" as its abbreviation, replacing the previously used "TS". This change, implemented in May 2024, applies across all government departments, official documents, and communication channels. Reasons for the Shift from "TS" to "TG" The decision to switch abbreviations stems from a combination of factors: Central Government Notification: The Government of India issued a gazette notification designating "TG" as the official code for Telangana. Alignment with Standard Practices: Most Indian states have two-letter abbreviations (e.g., AP for Andhra Pradesh, MH for Maharashtra). "TG" adheres to this convention. Neutrality: The current government believes "TS" too closely resembled the name of the previous ruling party, Telangana Rashtra Samithi (TRS). "TG" is seen as a more neutral and inclusive representation. Implications of the Change The shift from "TS" to "TG" signifies more than just an abbreviation update. It reflects a desire for a fresh start and a distinct identity for Telangana. The new abbreviation is expected to be gradually incorporated into all spheres of public life, including vehicle registration plates, signage, and online platforms. Telangana State
  • May 18, 2024

TS to TG Telangana Government full form Adopts ‘TG’ as Official Abbreviation, Phasing Out ‘TS’

TS to TG Telangana Government full form Adopts ‘TG’ as Official Abbreviation, Phasing Out ‘TS’.Telangana, India’s youngest state, has officially…
The Election Commission (EC) has denied permission for the Telangana Cabinet meeting due to the ongoing Lok Sabha election code and the Graduate MLC by-election polling. The decision has temporarily halted the scheduled cabinet meeting led by Chief Minister Revanth Reddy, which was to take place on Saturday evening. Election Code Halts Telangana Cabinet Meeting The Election Commission has imposed a halt on the Telangana Cabinet meeting. The meeting, set to be chaired by Chief Minister Revanth Reddy on Saturday evening, still lacks EC approval. Consequently, CM Revanth Reddy conducted a review of the Irrigation Department at the Secretariat. This review meeting included ministers Uttam Kumar Reddy, Thummala Nageswara Rao, Konda Surekha, CM’s advisor Ven Narendra Reddy, and other senior officials. The discussions centered around the NDAS report and the Kaleshwaram project. Pending EC Approval for Key Discussions Without EC approval, discussions on critical topics such as AP-Telangana bifurcation issues, loan waivers, and grain procurement are on hold. The EC's denial is attributed to the ongoing general election code and the Graduate MLC election process, which could potentially be influenced by the cabinet meeting. The Graduate MLC by-election polling for Warangal-Nalgonda-Khammam is scheduled for the 27th of this month, with Lok Sabha election results expected on June 4th, followed by MLC by-election vote counting. Expectations for Proactive Cabinet Decisions BRS leader and former MP Boyinapalli Vinod Kumar emphasized the importance of decisive actions by the Revanth Reddy government, now in its sixth month. He noted that the initial six months are crucial for any government, and performance during this period is often graded. Vinod Kumar pointed out that Revanth Reddy has yet to launch any flagship programs within this timeframe. He urged for significant decisions in the upcoming cabinet meeting, highlighting the success of the Rythu Bandhu scheme under the previous KCR government, which received praise nationwide and inspired similar initiatives. The scheme, aimed at providing capital investment assistance to farmers, has been lauded as a substantial relief during the initial stages of cultivation. Immediate Action Needed on Paddy Procurement Vinod Kumar also stressed the need for timely support to farmers. He criticized previous delays in the Rythu Bandhu disbursements and called for the immediate release of Rs. 7500 per acre in early June to ensure farmers receive timely support. This decision should be prioritized in the cabinet meeting. Furthermore, he addressed the issue of paddy procurement, especially during the monsoon season when thin-grained paddy is predominantly grown. The government’s promise of a Rs. 500 bonus per quintal only for thin-grained paddy is seen as deceptive. Vinod Kumar insisted that the bonus should be extended to all types of paddy and emphasized the necessity of purchasing wet paddy from farmers, regardless of quantity, to prevent financial losses for farmers. Call for Comprehensive Agricultural Support The upcoming cabinet meeting is crucial for making decisions that genuinely benefit farmers. Vinod Kumar highlighted the need for inclusive bonuses across all paddy varieties and warned against turning the bonus into a bogus promise. He stressed that the Revanth Reddy-led cabinet must take meaningful actions to support farmers, especially before the elections, to ensure their trust and votes. The government must fulfill its commitment to purchase all wet paddy, safeguarding farmers' livelihoods and ensuring their hard work does not go in vain. Telangana State
  • May 18, 2024

EC Denies Permission for Telangana Cabinet Meeting on 18 May 2024

The Election Commission (EC) has denied permission for the Telangana Cabinet meeting due to the ongoing Lok Sabha election code…
Hyderabad Housing Market Surges: Second Highest Prices in India Hyderabad's real estate market has seen a remarkable rise, securing the second spot for the highest property prices in India, just behind Mumbai in the first quarter of 2024. This growth outpaced Bengaluru, despite its notable price increase. The surge in Hyderabad's housing market, particularly in the premium and luxury segments, has been fueled by stable repo rates and controlled inflation. Hyderabad's Real Estate Boom In the first quarter of 2024, average residential property prices in Hyderabad skyrocketed to become the second highest in the country, trailing only Mumbai. This development comes even as Bengaluru experienced the highest percentage increase in housing prices at 19% compared to the same period in 2023, followed by Delhi NCR with a 16% rise, according to the latest 'Housing Price Tracker' report by CREDAI, Colliers, and Liases Foras. Comparative Analysis of Major Markets While Mumbai's Metropolitan Region (MMR) saw a 6% increase in average housing prices to ₹20,361 per square foot during Q1 2024, Hyderabad's prices surged by 9% to ₹11,323 per square foot. In contrast, Bengaluru's prices were at ₹10,377 per square foot, Delhi NCR at ₹9,757 per square foot, and Pune saw a 13% rise to ₹9,448 per square foot. Regional Price Trends within Hyderabad Within Hyderabad, the Southwest region, encompassing areas like Kokapet, Manikonda, Puppalguda, and Shaikpet, experienced the highest year-over-year price increase at 15%. Conversely, Central Hyderabad, including Himayat Nagar, Somajiguda, Begumpet, and Ameerpet, saw a slight decline in average prices. Factors Driving Price Increases Telangana State
  • May 18, 2024

Hyderabad Housing Market Surges Second Highest Prices in India

Hyderabad’s real estate market has seen a remarkable rise, securing the second spot for the highest property prices in India,…
Bharathi Builders Arrested for Alleged Pre-Launch Offer Fraud in Hyderabad In a cautionary tale for potential property investors, Hyderabad's Economic Offences Wing (EOW) Police arrested three individuals associated with Bharathi Builders, a real estate development firm. The arrests stem from allegations of a fraudulent pre-launch offer scheme for apartments in Kompally, a suburb located in the Medchal-Malkajgiri district. Modus Operandi of the Alleged Scheme According to the EOW Police, Dupati Nagaraju and Mulpury Shivarama Krishna established Bharathi Builders in Madhapur, Hyderabad in 2021. They acquired land in Kompally with the intention of constructing a residential complex named "Bharathi Lake View." The alleged fraud involved enticing prospective buyers with a pre-launch offer for apartments priced at Rs 3,200 per square foot. Eye-catching brochures and meetings were reportedly used to attract investors and collect deposits. To further their plan, Nagaraju and Krishna appointed Thoddakula Narsimha Rao as CEO of Bharathi Builders, allegedly offering him a significant commission on each flat sale to incentivize aggressive marketing. Allegations of Fraud and Police Action Police reports indicate that over 350 individuals, including the complainant BVS Prasada Rao, invested a collective sum of Rs 50-60 crores under the pre-launch offer scheme. However, after successfully collecting deposits, Bharathi Builders allegedly failed to deliver on their promises. No construction on the apartments began, and the promised flats were never delivered. Furthermore, investigators believe the company sold the entire acquired land parcel to another party for a reported sum of Rs 100 crores. Based on these allegations, the EOW Police registered a case against Bharathi Builders under sections 406 and 420 of the Indian Penal Code (IPC), which deal with criminal breach of trust and cheating respectively. Additionally, a case was filed under Section 5 of the Telangana Protection of Depositors of Financial Establishments Act (1999). Telangana State
  • May 18, 2024

Bharathi Builders Arrested for Alleged Pre-Launch Offer Fraud in Hyderabad

In a cautionary tale for potential property investors, Hyderabad’s Economic Offences Wing (EOW) Police arrested three individuals associated with Bharathi…
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