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Peek into History: Post-Independence Era Growth of the Telugu land

 
After India’s independence in 1947, Hyderabad became a state in Independent India, formed after the accession of the princely state of Hyderabad into the Indian Union on 24 November, 1949. It existed from 1948 to 1956.


 
At the outset of the formation of the new government, big irrigation and hydro-power projects for agriculture and industrial development were taken up and removal of trade barriers on customs was underway. Meanwhile, separate currency was decided apart from requesting the government to set up an Advisory Board, representing the Commerce and Industries Department.
 
The new government discontinued the old practice of the support to industries i.e. directly contributing to the share capita