6 hours Ago By CNBCTV18
Telangana is the frontrunner with 88% in own tax revenue (OTR) between April – November last year followed by Karnataka and Haryana at 86% each, Economic Survey 2024-25 said on Friday (January 31). Telangana is among the top three states in terms of high irrigation coverage of their gross cropped area with 86%. Punjab tops the chart with 98% followed by Haryana-94%, the survey said.
“For 15 states, OTR accounted for more than half of their total tax receipts, the highest being Telangana at 88%, followed by Karnataka and Haryana at 86 per cent each,” it said. The Economic Survey cited WE Hub – The Women Entrepreneurs Hub in Hyderabad as “a good example” from the state on how the support of the government can help women’s entrepreneurship flourish. WE Hub was started with the mission to ensure that all women entrepreneurs in the country have access to technical, financial, governmental, and policy support required to start up, scale up, sustain, and accelerate with global market access.
It has raised ₹177 crore in funding. As many as 6376 start-ups and SMEs have been incubated engaging around 7828 entrepreneurs since inception, it said. Catch all Economic Survey related updates here.
