HILT Policy Seen Boosting Telangana Revenue Sharply

Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 million per acre, significantly strengthening state finances. He added that while the previous government’s freehold and grid policies generated only Rs 5.74 billion, the HILT Policy alone has been structured to mobilise Rs 1.08 billion for the exchequer.

Addressing concerns raised by the opposition, the Deputy Chief Minister said the government was prepared to clarify all issues and was open to any inquiry by any agency into transactions carried out from 2014 up to the introduction of the HILT Policy. He emphasised that the initiative was designed not only to protect Hyderabad but to benefit the entire state.

As part of broader urban and environmental measures, polluting industries are being shifted beyond the Outer Ring Road, diesel buses within the city are being phased out, and electric buses are being introduced to reduce pollution levels, he added.