During his visit to the United States, Telangana Chief Minister A Revanth Reddy and World Bank President Ajay Banga held discussions and agreed to create a roadmap for collaboration on various projects, according to a release from the Chief Minister’s Office (CMO) on Wednesday. The release noted that potential partnership areas being explored include skills development, urban renewal and innovation, Net Zero initiatives, healthcare for citizens, diagnostics, and electronic records, among other areas.
During the more than hour-long meeting between the World Bank President and the Chief Minister along with his team, it was agreed to form a cross-functional team to rapidly develop feasible projects in each key area. The discussions primarily focused on themes such as people, the planet, sustainability, health, skills, and job creation.
The support from the World Bank would significantly enhance several of Chief Minister Revanth Reddy’s key initiatives, such as the Musi River rejuvenation project, Skill University, Future City, Citizen Healthcare, and the Hyderabad 4.0 development, according to the Chief Minister’s Office (CMO). Top of Form
“The World Bank, while expressing delight and optimism about the balanced vision of the Chief Minister for Telangana and Hyderabad, highlighted how the bank has enjoyed success in generating positive outcomes in the region with several project initiatives earlier. He also showcased a great interest in backing the vision for the creation of a Net Zero city,” the CMO said in its release.
Reddy expressed his satisfaction with the prominent endorsement of several major state initiatives and committed to pursuing each project with a mission-focused approach to achieve ambitious results and outcomes, while maintaining the highest level of transparency.
This marks the first time Telangana has sought to collaborate with any Bretton Woods institutions. The Telangana delegation provided an overview of various developments affecting citizens’ lives, the environment, and sustainability within the state. The meeting was attended by IT & Industries Minister D Sridhar Babu, Telangana Chief Secretary A Shanta Kumari, and other officials including Jayesh Ranjan, Ramakrishna Rao, V. Sheshadri, Vishnu Vardhan Reddy, and Ajith Reddy. World Bank executive director Parameswaran (‘Param’) Iyer, who also participated in the discussions, commended the Telangana government for its comprehensive, balanced, and impactful vision, prioritising the state and its people, according to the CMO.