Telangana Cabinet Approves HMDA lands for sale in Hyderabad

Telangana Cabinet Approves HMDA Lands for sale in Hyderabad

Hyderabad’s real estate is increasing rapidly. Considering the increasing popularity,  On February 16, 2020, the Telangana cabinet gave clearance to HMDA land for sale in Hyderabad, which will allow the government to earn around Rs 10,000 crore in revenue. Chief Minister Mr. K Chandrashekar Rao chaired the proposed Cabinet meeting in Pragathi Bhavan at 4 p.m. The meeting continued until late in the evening with the presence of all ministers and officials on upcoming infrastructure developments.

Cabinet Meeting Key Decisions

The cabinet has decided to hold a Revenue Sammelan at Shamshabad on February 28, to explain the people about prominent features of new Revenue Act Telangana to be implemented as part of the administrative reforms and provision of better services to the people. The government is expected to bring in the new Revenue Act during the budget session, which is likely to begin in March's first week and determine the exact dates of the budget 2020 session. Also, discussions are on to increase the market value of the plots in ventures include Mokila, Pratapasingaram, and Medchal District Korremula. 

The chief minister also spoke up against the controversial CAA and passed a resolution in the legislature's budget session. The cabinet has decided to fill 2,000 vacant posts in various departments. Also, it addressed many other key issues, including irrigation schemes, modern farming practices, district-based Pattana Pragathi, and development program allocations based on need.

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By: Shailaja K