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Telangana Cabinet approves Global Summit 2.0 and paddy measures

Telangana Cabinet approves Global Summit 2.0 and paddy measures
Cabinet nod for Global Summit 2.0 with ‘Invest Telangana’ pitch · thehansindia.com

Some important leaders in a state of India called Telangana held a meeting to plan how to make their state better.

They agreed to organise a big event called the Telangana Rising Global Summit 2.0, starting on December 7.

The event's theme is 'Invest Telangana', which means they want businesses from other places to come and invest money there.

The summit will focus on getting investments in defence, aerospace and medicines.

They also want to set up an exhibition to show the achievements of Telangana's startups and industries.

To help farmers, the leaders agreed to pay an extra 500 rupees as a bonus when they grow seven special kinds of rice.

The government also decided to sell a very large amount of extra rice, about 17.54 lakh tonnes, through an online auction.

They approved the distribution of new smart ration cards to help families get their food.

They also approved building Young India Integrated Residential Schools in seven places across the state.

These plans are meant to bring more money, better opportunities and better schools to the people of Telangana.

Key facts

Summit
Telangana Rising Global Summit 2.0
Theme
Invest Telangana
Summit dates
Three-day summit commencing December 7
Venue
Future City
Focus sectors
Defence, aerospace, pharmaceutical
Paddy bonus
Rs 500 for seven fine-variety paddy types
Paddy e-auction
17.54 lakh metric tonnes; base price Rs 2,389 per quintal
Schools
Young India Integrated Residential Schools in seven constituencies

Sources

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