Telangana Minister Sridhar Babu urges corporate sector to support Telangana Rising-2047 through CSR
Hyderabad, August 2
Telangana IT and Industries Minister Duddilla Sridhar Babu on Saturday urged corporate organisations to partner with the State's long-term development vision, Telangana Rising-2047, by aligning their Corporate Social Responsibility initiatives with its development priorities.
He said inclusive and sustainable development could be achieved only through the collective efforts of the Government, industry and society.
Speaking after inaugurating the 50th Southern India Regional Conference of Company Secretaries, a two-day conference organised by the Hyderabad Chapter of the Institute of Company Secretaries of India (ICSI) at the Telangana Contractors Cultural Club, Kondapur, Sridhar Babu described Telangana Rising-2047 as a long-term development vision aimed at achieving inclusive economic growth and social progress.
The vision, he said, sought to ensure that economic growth translated into social progress, innovation generated employment opportunities and development reached every constituency while benefiting all sections of society.
The Minister said the State Government attached high priority to partnerships with industries, educational institutions, voluntary organisations and the corporate sector in achieving these objectives.
Assuring investors and companies of continued support, he said the Government would remain a reliable partner in implementing impactful CSR initiatives while facilitating industrial investments across Telangana.
Referring to rapid advances in Artificial Intelligence, data governance and cybersecurity, Sridhar Babu said the responsibilities of corporate professionals had expanded significantly.
He said Company Secretaries should complement their compliance responsibilities by serving as strategic advisers to corporate boards, particularly in areas of governance, sustainability and ethical business practices.
Sridhar Babu also appreciated the Institute of Company Secretaries of India (ICSI) for joining the State Government's flagship Constituency Development Programme (CDX) as a Knowledge Partner.
He expressed confidence that more corporate organisations and professional institutions would collaborate with the Government in advancing Telangana's long-term development agenda.
ICSI national and regional office-bearers, including Mahadev Tirunagari, M. Damodaran, Shilpa and Karthik, were present.
— ANI
Reader Comments
Good initiative, but I hope the CSR funds are actually tracked properly. We've seen too many cases where corporate money gets stuck in bureaucracy. The CDX programme being a knowledge partner is a positive step, but the government needs to ensure transparency in how these partnerships work. Let's see the execution on ground.
As someone from Karimnagar, I really hope this vision reaches our district too. We always hear about development in Hyderabad but the rest of Telangana needs equal attention. The minister's mention of "development reaching every constituency" is encouraging. Fingers crossed! 🤞
Interesting to see how state governments in India are now aggressively courting corporate partnerships. The focus on AI, data governance and cybersecurity as part of CSR is very forward-looking. This kind of vision is what will make Telangana a true leader among Indian states. Good to see the Minister recognizes the evolving role of company secretaries too.
"Inclusive growth" is a big word. But we need to see concrete plans for education, healthcare and skilling youth in rural areas. CSR is just 2% of profits but if properly channelized, it can make a big difference. Hope ICSI's involvement as knowledge partner brings genuine expertise, not just name-lending. The minister's assurance of government support needs to be backed by streamlined processes.
Great move by Duddilla Sridhar Babu! The 50th Southern India Regional Conference of Company Secretaries is a perfect platform for this message. The emphasis on company secretaries becoming strategic advisers for governance and ethics is particularly relevant in today's corporate landscape. Tel
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