Telangana Chief Minister A. Revanth Reddy on Saturday (August 15, 2026) said the State’s economy had made significant progress over the past 32 months, with its per capita income reaching ₹4,18,931 in 2025-26. He also said the State’s per capita income was about 91% higher than the national average, citing the latest Reserve Bank of India statistics. Speaking after hoisting the national flag at the historic Golconda Fort in Hyderabad on the occasion of 80th Independence Day, the Chief Minister said the government was working to transform Telangana into a $1 trillion economy by 2034 and a $3 trillion economy by 2047. The State was also aiming to increase its share of the national GDP to 10%, he said. Mr. Reddy said the government was developing ‘Bharat Future City’ as the country’s first net-zero smart city and a global hub for artificial intelligence, data centres, advanced manufacturing, research, innovation and emerging technologies. “We are striving to rebuild Telangana and put it on the path of development. In the 32 months since our government assumed office in December 2023, we have restored systems that had been damaged in a planned manner,” he said. Nearly ₹1.70 lakh crore for agriculture and farmer welfare Mr. Reddy said the government believed that the State could prosper only when farmers prospered. The government had spent nearly ₹1.70 lakh crore on agriculture and farmer welfare during the past 32 months, he said. On the sharing of river waters with Andhra Pradesh, he said Telangana would not compromise on its rightful share of Krishna and Godavari rivers. He said pending irrigation projects, including Thummadihatti and the Palamuru-Rangareddy Lift Irrigation Scheme, were being taken up on priority. The government would ensure irrigation water reached the last acre of the ayacut, he said. Recalling that the Young India Skills