- Telangana Chief Minister A Revanth Reddy announced plans to use Artificial Intelligence to plug leakages in GST and boost revenue.
- Reddy held discussions with noted economist Arvind Subramanian regarding the state's financial situation and reforms in GST and Excise departments.
- Subramanian suggested using AI to coordinate various government departments to plug leakages in construction and building materials.
- The Chief Minister favored a comprehensive action plan to leverage AI in augmenting GST revenue.
- The government will soon unveil an AI-based programme aimed at simplifying the system and ensuring accelerated economic growth.
Telangana Chief Minister A. Revanth Reddy is advocating for the use of Artificial Intelligence (AI) to enhance the state's Goods and Services Tax (GST) revenue and mitigate leakages. This initiative follows a meeting with noted economist Arvind Subramanian, where strategies to improve the state's financial health were discussed.123
Reddy emphasized the need for a comprehensive action plan to leverage AI, stating that a system to simplify processes for GST officials will be introduced. The government plans to unveil an AI-based program soon, aimed at accelerating economic growth in Telangana.4
Subramanian highlighted that technology could significantly boost state revenues while enhancing the Ease of Doing Business (EoDB). He recommended improved coordination among various government departments, including Municipal Administration, Panchayat Raj, Energy, Finance, and Commercial Taxes, to effectively address revenue leakages in construction materials.
The Chief Minister also pointed out the importance of accurate tax estimates for construction costs at the time of application for permissions, ensuring that all relevant departments work in unison. Additionally, establishing a strong connection between Mee Seva, Aarogyasri, and the Chief Minister’s Relief Fund is expected to enhance administrative efficiency.
“Subramanian suggested AI-driven coordination among departments like Municipal Administration, RERA, and Energy to arrest leakages in construction and building materials. Officials are to record tax estimates for high-rises at the time of permission applications, ensuring businesses are not adversely affected.”
