Hyderabad To Get 3 High-Speed Rail Corridors
Hyderabad: Union minister G. Kishan Reddy on Friday hailed the Union Budget 2026-27 as a “Reform Express” that strengthens the Indian economy and boosts employment, infrastructure, defence, railways, medicine, agriculture and women’s welfare; In fact, BJP Telangana state president N. Ramchander Rao said that the Union Budget had prioritized Telangana and strengthened the role of the state with announcements like high-speed rail corridors for Hyderabad. national growth engine.
In his statement, Rao said that the Budget’s focus on underdeveloped rural areas will bring a smile to every household, while emphasizing the importance of self-sufficiency through support to domestic production, energy security, reduction of import dependency, employment creation, agricultural productivity, increase in purchasing power and expansion of quality education and health services.
Rao said that with effective policies, India has achieved a growth of around 7 percent by reducing historical poverty and achieved inclusive progress for all sections. Viksit expressed confidence that the Bharat Budget will propel the country towards developed status.
Kishan Reddy highlighted the gains from reforms undertaken by the Modi government, including increased foreign direct investment, rapid growth of the IT sector, self-sufficiency in critical minerals and easing of tax structure and reduction of GST rates, which last year increased personal income tax exemption from ₹ 3 lakh to ₹ 12.5 lakh.
Kishan Reddy said state tax turnover increased by 13.5 per cent from ₹29,280 crore (2025-26) to ₹33,180 crore (2026-27). Three high-speed rail corridors from Hyderabad to Pune, Bengaluru and Chennai will boost ring roads, IT, biopharma and real estate.
Speaking to reporters, Reddy said the BioPharma Shakti plan will elevate Hyderabad as the pharmaceutical and vaccine capital, developing bulk drugs, formulations, vaccines, biologics and biosimilars to achieve global hub status. Fertilizer subsidy jumped from ₹7,000 crore to ₹1.26 lakh crore, helping Telangana farmers. Warangal’s Kakatiya Mega Textile Park will benefit from the Tex-Eco move. He welcomed the announcement of STEM girls hostels for all 33 districts.
The railway budget increased by 10 per cent to Rs 2.77 lakh crore. MSMEs received funds of ₹ 10,000 crore for 38 lakh units. Other measures include IT safe harbor regulations, incentives for municipal bonds, tax holiday for data centers till 2047 and allocation of Rs 28,740 crore for MRTS and metro projects. Rural missions have also been launched, along with a corridor for critical minerals covering Odisha, Kerala, Tamil Nadu and Andhra Pradesh, aiming for self-reliance.
