Telangana targets $1 trillion economy by 2034, extends pensions to 2.25 lakh more: CM Revanth Reddy at Golconda Fort
Telangana Chief Minister A. Revanth Reddy, speaking at Golconda Fort on 15 August 2026, set targets of a $1 trillion state economy by 2034 and $3 trillion by 2047 and extended social security pensions to 2.25 lakh more people.
Summary
Telangana Chief Minister A. Revanth Reddy hoisted the National Flag at the historic Golconda Fort in Hyderabad on 15 August 2026 and set a roadmap to make Telangana a $1 trillion economy by 2034 and a $3 trillion economy by 2047. Reddy said the state already pays social security pensions to 43 lakh people and announced pensions for another 2.25 lakh eligible beneficiaries, including widows, single women, persons with disabilities, toddy tappers, handloom workers and people with filariasis, thalassemia, sickle cell anaemia and haemophilia. Citing the latest RBI figures, he said Telangana's per capita income was ₹4,18,931 in 2025-26, about 91% above the national average.
Key facts
- Venue
- Golconda Fort, Hyderabad, 15 Aug 2026
- Economy targets
- $1 trillion by 2034; $3 trillion by 2047
- Existing pensions
- 43 lakh beneficiaries
- New pensions
- 2.25 lakh more incl. single women, toddy tappers, thalassemia, haemophilia patients
- Per capita income 2025-26
- ₹4,18,931 (~91% above national average, per RBI data)
Practice MCQs 2 questions
By which year does Telangana aim to become a $1 trillion economy, as announced by CM Revanth Reddy on 15 August 2026?
Show answer
Correct answer: C — 2034
Revanth Reddy set targets of a $1 trillion economy by 2034 and a $3 trillion economy by 2047.
Consider the following statements about Telangana CM Revanth Reddy's Independence Day 2026 address: 1. Telangana currently pays social security pensions to about 20 lakh people. 2. Citing RBI figures, he said Telangana's per capita income in 2025-26 was ₹4,18,931. Which of the above is/are correct?
Show answer
Correct answer: B — 2 only
Only statement 2 is correct. The state already pays pensions to 43 lakh people, and 2.25 lakh more were added; the per capita income of ₹4,18,931 is about 91% above the national average.