business π¦ Private investment key for Telangana's $3T goal
Telangana Deputy CM Mallu Bhatti Vikramarka stressed that achieving a US$ 3 trillion economy by 2047 needs major private investment. He made these remarks at the 50th State Level Bankersβ Committee (SLBC) meeting in Hyderabad on August 19, 2026. The state aims for a US$ 1 trillion economy by 2034 and US$ 3 trillion by 2047. The banking sector must partner with government efforts, focusing on loan impact, not just targets. Banks should proactively reach farmers and integrate allied sectors into formal credit systems. π¦