The Centre has cleared the third electronics manufacturing cluster for Karnataka, which will be set up in the Dharwad district, Minister of State of Electronics and IT Rajeev Chandrasekhar said on Friday. According to the documents shared by the minister on Twitter, the electronics manufacturing cluster (EMC) project will cover an area of 224.5 acre at a cost of over Rs 179 crore, comprising central financial assistance of over Rs 89 crore. "Today a new Electronics Manufacturing Cluster in Hubli Dharwad is also approved - further expanding Karnataka's leadership in Electronics," Chandrasekhar said in a tweet. The EMC will be spread over two villages of Kotura and Belura, covering an area of 88.48 and 136.02 acre, respectively. An official statement mentioned that the government expects the new greenfield EMC is likely to catalyse investments of over Rs 1,500 crore in the near future and generate employment for over 18,000 people. "9 companies and start-ups have already committed t
Prime Minister Narendra Modi will visit poll-bound Karnataka on March 25 for a day-long visit.
Allowing 12-hour shifts for all and nighttime work for women was meant to benefit software firms, but is said to have clinched Foxconn's Rs 8,000 cr investment
The High Court of Karnataka directed the Election Commission of India (ECI) to rectify discrepancies in the voters list of the Shivajinagar and Shantinagar Assembly constituencies in Bengaluru to ensure free and fair elections. Disposing of two petitions filed by the Bharatiya Janata Party and one of its party workers, the High Court recently directed the Election Commission to act swiftly and complete the process before March 26. "The Commission must bear in mind that these discrepancies are to be rectified for the conduct of elections to be free and fair. Elections being free and fair is of paramount essence in a democracy. In fact, it is the lifeblood of a democracy, Justice M Nagaprasanna said in the common judgment on both petitions. The BJP in its petition regarding Shivajinagar constituency contended that its complaints and representations about voter discrepancies have not been considered. It was contended that voters who are either dead or have shifted out of the constitue
Of proposals worth Rs 9.8 trillion in last year's investors' summit, 52 per cent have been realised, so far, claim state officials
Quoting Lingayat sect founder Basaveshwara and extolling his government's development agenda, Karnataka Chief Minister Basavaraj Bommai has said he will return to power again after the assembly election, which is due by May. Addressing a public gathering at Hungund in northern Karnataka's Bagalkote district here on Tuesday night, the Chief Minister said he has performed sincerely to offer social justice to every section of the society, which resulted in increase in the annual per capita income by Rs 1 lakh in the last four years. "I will come back as chief minister again. God has given me an opportunity to serve Mother Karnataka. I have done sincere work," Bommai said during an election rally. The Chief Minister said he is treading on the path of "work is worship" and social equality, as advocated by 12th Century social reformer and founder of Lingayat sect Basaveshwara. "I tried to give social justice to every section of the society. People had asked for corporations of various ..
Karnataka Chief Minister Basavaraj Bommai on Tuesday hit out at the Congress for trying to fool people by making fake promises in its bid to return to the helm of the state
Business Standard brings you the top headlines at this hour
The record development in the fields of agriculture and industry, he said is because of the incumbent Bharatiya Janata Party (BJP) government
CM Bommai said under the Jal Jeevan Mission scheme, piped water has been provided to 12 crore houses in the country of which 4 mn houses in Karnataka in the last three years
Karnataka cannot relax after its bold move on labour law changes and should focus on their careful execution
A total of 18 projects worth Rs 75,394 cr sanctioned
The southern Indian state of Karnataka has approved an 80 billion rupee ($967.91 million) investment in the state by a unit of Taiwan's Foxconn
Addressing reporters here, Bommai dubbed the announcement of the Congress party to provide allowance to unemployed graduates as bogus
Bommai inaugurated and laid the foundation stone of various development works in Holalkere
The State Industries and Commerce Department has cleared a total of 78 investment proposals worth Rs 5,298.69 crore promising 13,917 jobs. At the State Level Single Window Clearance Committee (SLSWCC) meeting chaired by the Minister for Large and Medium Scale Industries Murugesh R Nirani, these proposals were cleared, a statement issued by the office of the Minister on Sunday said. The committee considered and approved 17 important large and medium size industrial projects with investments of more than Rs 50 crore. These projects are worth Rs 3,552.66 crore and are expected to create employment opportunities for 6,933 people in the State. Also, 59 new projects with investments of more than Rs 15 crore and less than Rs 50 crore were also approved. These projects worth Rs 1,542.88 crore would generate jobs for 6,984 people in Karnataka, the statement read. Two projects of additional investment have also been approved, which will result in an investment of Rs 203.15 crore and would .
Party leaders and BJP supporters watching this back-and-forth exchange were both amused and embarrassed
He said his father and former Chief Minister of Karnataka SR Bommai had allotted Rs 1 crore towards the construction of a stadium to hold the hockey tournament in Kodagu
Karnataka Higher Education and IT/BT Minister Dr CN Ashwath Narayan on Saturday rolled out three strategic initiatives aimed at promoting start-ups and innovation ecosystem in Beyond Bengaluru clusters.The three programmes launched were Mysuru Cluster Seed Fund (MCSF), Mysuru Global Technology Centre (MGTC) and Karnataka Accelerator Network (KAN).It may be noted here that Chief Minister Basavaraj Bommai while presenting the budget 2023-24 had announced these programmes to boost the IT & startup ecosystem in the state. Put together, it is estimated that MCSF and KAN will generate around Rs 200 crore and these programmes will be implemented through Karnataka Digital Economy Mission (KDEM)Mysuru Cluster with a Seed Fund of Rs 25 crores will be funding 70-80 startups which are expected to create over 1000 employment opportunities."Mysuru Global Technology Centre which will be set up in a space of 2 lakh sqft with 3000 seater capacity facilitates high-quality plug-and-play office ...
Catch all the latest updates from across the globe here