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Karnataka stands first in India with Rs 1.4 lac crore investment proposals

  •   Thu, Aug 24 2017 03:19:00 PM

Daijiworld Media Network – Bengaluru (EP)

Bengaluru, Aug 24: “Karnataka stands first place for second year in succession in attracting capital investment. Proposals for Rs 1.4 lac crore have been received for investment till June, 2017 as per estimates”, said R V Deshpande, minister of industries and infrastructure development on Wednesday, August 23.

“The state was in eleventh position in 2013, fifth position in 2014 and fourth position in 2015 as per figures by the Department of Industrial Policy and Promotion of the Ministry of Commerce in New Delhi,” he added.


R V Deshpande

“The state bagged first position with a proposal of Rs 1.54 lac crore investments in 2016 and has reserved its first position this year also. The single window committee has approved 1,823 industrial projects worth Rs 3.34 lac crores during the last four years. It has created a total of 14.19 lac jobs in small, medium and large scale industries including 1.89 lac in large scale industries,” he informed.

“An amount of Rs 5 lac crore investment and creation of fifteen lac jobs were targeted under industrial policy for the period 2014-2019,” he said.

New Jobs creation

“Job prospects are facing a danger due to automation and digitalization. More than 60% engineering graduates are becoming jobless. More than 20 lacs man days are getting wasted in a year. Therefore a new policy of giving fillip to manufacturing dolls, mobile phones, tablets, electronic equipments and their assembly is being prepared,” he announced.
  

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Comment on this article

  • Vincent Rodrigues, Bengaluru/Katapadi

    Fri, Aug 25 2017

    Our CM us really more effective in ruling the state and attracting the investors

    DisAgree [2] Agree [2] Reply Report Abuse

  • Hitesh, Mangaluru

    Thu, Aug 24 2017

    How much % of the rs 1.4 lakh crore amount is grabbed by RV Deshpande? Surely, there must be some.

    No answer till now from Siddramaiah govt for following scams sincerely done by RV Deshpande during Siddu's rule:

    1. Deshpande, had "illegally" acquired more than 177.28 acres in Jakkur-Allasandra plantation village, which was declared Reserved Forest in 1940 by erstwhile Mysore government. Deal worth rs 22,000 crore was done.

    Scam was brought to the notice of the government by chief conservator of forests by writing a letter to the government, seeking an inquiry. No answer from Chief conservator of forests nor Siddu & Rahul Gandhi.

    2. Scam involving RV Deshpande in awarding  tender worth Rs 36 crore for development of roads and other work in Gurmitkal Assembly constituency.

    No point of development plan by this man, only self development. Just think before posting, its a poor tax payer's money who shells out from his meagre amount-bearing wallet for development of our nation & for basic needs.

    Nation salutes the poor Tax Payer

    DisAgree [23] Agree [4] Reply Report Abuse

  • Alfred Dsouza, Bendur MANAGALORE

    Fri, Aug 25 2017

    You do not want to see the progress of the State; only fill your tummy with bribes. IS THAT why BJP IS BUYING votes in Goa, MANIPUR, and other States? Senseless talks.

    DisAgree [2] Agree [5] Reply Report Abuse

  • Hitesh, Mangaluru

    Fri, Aug 25 2017

    Read my post once again. You can find out who is filling tummies with bribes. It is purely RV Deshpande.

    Truth is always bitter, my dear friend. I know you won't have any understanding about the corruption your Congress does & what you do is defending whatever wrong it does.

    DisAgree [2] Agree [3] Reply Report Abuse

  • mohan sr., Mangalore

    Sun, Aug 27 2017

    The person who is having Joindice seeing everything yellow ....

    DisAgree Agree [1] Reply Report Abuse

  • Ajeet, Mangalore

    Thu, Aug 24 2017

    Deshpande dont shout Amit in Karnataka he will divert to Gujrat....

    DisAgree [7] Agree Reply Report Abuse

  • Vishal, Belman

    Thu, Aug 24 2017

    Good but we don't see any improvement in Infrastructure development. If it rains for 1 hour then Bengaluru will get floods. Only Industrial development is not good. It should be balanced and go hand in hand with Infrastructure development. I don't understand why cn't they make world class roads in Bengaluru. At times we feel ashamed to say that we have such pathetic roads and Drainage system in a IT city like Bengaluru.

    For the current government time is not over yet, they still have time to reduce the damage in few months.

    DisAgree [4] Agree [9] Reply Report Abuse

  • Dinesh, Dubai

    Thu, Aug 24 2017

    Only proposals without bribe it will not executed. No.1 corruption State after Nidde became CM.

    DisAgree [36] Agree [6] Reply Report Abuse

  • Cyril, Mangalore

    Thu, Aug 24 2017

    Under Siddu Govt, Karnataka is the model role for other states.

    DisAgree [8] Agree [50] Reply Report Abuse

  • DAVID, KARKALA

    Thu, Aug 24 2017

    what is Gujrat position ???

    only in spending in advertisement first

    DisAgree [7] Agree [47] Reply Report Abuse

  • Flavian dsouza, chik/bengaluru

    Thu, Aug 24 2017

    Karnataka number 1 in many things ...we should be proud of it

    1)Highest number of start up in INDIA
    2) Highest number of IT emplpoyment in India
    3) KSRTC best service in India and probably the world
    4)First state to have aerospace , animation and gaming policy and industrial parks
    5) highest number of japanese expats/companies in India
    6) highest number of MNC's having captives in India

    DisAgree [2] Agree [52] Reply Report Abuse

  • Flavian dsouza, chik/bengaluru

    Thu, Aug 24 2017

    We are number 1 in money areas ..KARNATAKA is no 1 for sure and all kanndiags should be proudt of it
    1) highest start ups in India
    2) highest number of IT companies in India
    3) Highest revenue from IT in India
    4) highest number of people coming to karanatak state for settling down from outside India
    5) first in aerospace , animation industry some states have not even started in IT

    DisAgree Agree [13] Reply Report Abuse

  • prem, moodbidri

    Thu, Aug 24 2017

    Development work in Mangaluru, which should have been taken place by Central Govt is stalled from many years as we have MP, who is more concerned about religion, sangh parivar, cow etc.. filled mentality. He talks about crores worth Central Govt grant but never talk about development work and satisfactory statistics!
    We are lucky to have Road, Sea, Rail, Air connectivity to all regions of the country. But failed miserably to utilize it due to narrow minded approach and inefficient brain!

    DisAgree Agree [17] Reply Report Abuse

  • sri_elder, Karkala

    Thu, Aug 24 2017

    1.4 lac crores is nothing.
    Siddanna spends that much tax collected money on various bhagyas every year.

    DisAgree [63] Agree [8] Reply Report Abuse

  • prem, moodbidri

    Thu, Aug 24 2017

    You call them Dongi, corrupt, chors... whatever, but Congress usually comes up with real figures, clear motive, proper projection & development oriented ideas/plans.

    DisAgree [7] Agree [75] Reply Report Abuse

  • sri_elder, Karkala

    Thu, Aug 24 2017

    Hodiri chappale..(mitro thaali thoko)...

    DisAgree [7] Agree [29] Reply Report Abuse

  • SHARAN ABDULLA D'SOUZA, MUMBAI+KARNATAKA+MANGALORE

    Thu, Aug 24 2017

    Mitro is busy in photoshop

    DisAgree [6] Agree [31] Reply Report Abuse

  • Marle, Kudla

    Thu, Aug 24 2017

    people call them chors for a reason and you should know why.

    Bofors, 2G, CWG, Coalgate to clarify your doubts. these are real too.

    DisAgree [24] Agree [11] Reply Report Abuse

  • Marle, Kudla

    Thu, Aug 24 2017

    So real numbers are more important than Corruption.

    seriously doubt who is Marle, me or ??

    DisAgree [4] Agree [14] Reply Report Abuse

  • prem, moodbidri

    Thu, Aug 24 2017

    Marle, you are victim of fekugiri. You just believe bringing black money from swiss banks, getting 15 lakhs, generation of 2 crore jobs etc.. Can't help.

    You talk about Congress corruption. I never said, they are 'clean' as you bhakths call your leaders 'Saints'. I know, majority Congress politicians are corrupt, no doubt about it... but they deliver what they promise, unlike FEKU.

    DisAgree [5] Agree [37] Reply Report Abuse

  • N.M, Mangalore

    Thu, Aug 24 2017

    Bhakts cannot call these figures as fake because these figures are released by Ministry of Commerce aka BJP Central Government.

    Bhakts do you all require Burnol, Zandu Balm, Itch-Guard & Eno????

    DisAgree [10] Agree [46] Reply Report Abuse

  • D.Shetty, Mangalore

    Thu, Aug 24 2017

    Good job then inform all your relatives to return to Karnataka also no need to run to gulf for jobs ..State govt will approve all project and we will have more job creation.... this is figure to impress coming election..

    DisAgree [15] Agree [5] Reply Report Abuse

  • Marle, Kudla

    Thu, Aug 24 2017

    I will take an orange soda!

    BTW good work. apart from these investments, govt should concentrate on improving infrastructure and also to pool in more investment in other regions of Karnataka.

    Development should always be appreciated.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Flavian, Manglaore/Kuwait

    Thu, Aug 24 2017

    Santhosh,
    I do not think, they have patience to read your explanation!
    First blindly comment
    Then time to regret.

    DisAgree [1] Agree [11] Reply Report Abuse

  • vnayak, Mangalore/Switzerland

    Thu, Aug 24 2017

    The radicals are trying their best through communal tensions to scare away the investments in Karnataka. They will not succeed because Karnataka people are educated and smart compared to some states in the North.

    DisAgree [3] Agree [31] Reply Report Abuse

  • Flavian, Mangalore/Kuwait

    Thu, Aug 24 2017

    Jossey,

    Good brain work.
    What about Yeddu (the day dreamer)?

    DisAgree [2] Agree [24] Reply Report Abuse

  • prem, moodbidri

    Thu, Aug 24 2017

    woh bas, Yeda ban-kar, bhakthon ko Peda khila raha hai !

    DisAgree [2] Agree [13] Reply Report Abuse

  • N.M, Mangalore

    Thu, Aug 24 2017

    All this is due to the efficient and smart administration of Siddu led INC.
    Congress means Progress.

    DisAgree [4] Agree [37] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Aug 24 2017

    In school we were taught 'The Proof Of The Pudding Is In The Eating' ...

    DisAgree [2] Agree [25] Reply Report Abuse

  • Santhosh Kanchan, Mangaluru

    Thu, Aug 24 2017

    Jeevan Burnol is available in plenty! Have some! These figures are not given by the State government but by the Department of Industrial Policy and Promotion of the Ministry of Commerce of the Central government. So do you mean to say these Central ministry is releasing fake and wrong figures. Along with Telangana, Andhra and TN, Karnataka is one of the most attractive investment destinations. Karnataka is favoured more due to the cosmopolitan environment it provides along with qualified local work force, multi-lingual society and seemingly knowledgeable customers. Add to it the political stability that the present government has brought in to the table unlike the previous 12 years in general and 5-year-term of last BJP government wherein there was not a single CM who completed a 5-year-term. It's investor friendly environment with single-window clearance system that was introduced in 2014. A non-corrupt regime always attracts investors who feel that they can establish their business with minimum efforts and investment. That's what the present government is all about. They have put Karnataka back on right track after it had lost path post S M Krishna's term.

    DisAgree [6] Agree [45] Reply Report Abuse

  • subbu, mluru/Bluru

    Thu, Aug 24 2017

    by telling cosmopolitan, local population have been threatened. if any investment proposal first give priorities to local popultaion/karnataka than giving to outsiders.

    DisAgree Agree [4] Reply Report Abuse

  • Flavian, Manglaore/Kuwait

    Thu, Aug 24 2017

    Let them do one favour.
    At least bring the fuel price down.
    Fuel prices not to be defending on a daily Intl. oil prices.
    Only taxes are multiplying. one way traffic taking from common man.

    DisAgree [1] Agree [15] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Aug 24 2017

    Last three years I have been saying Siddaramaiah is better than Modi + Shah + Jaitley ...

    DisAgree [9] Agree [67] Reply Report Abuse

  • Sandesh, dubai/udupi

    Thu, Aug 24 2017

    Please mention the conpany name and location of the investment

    DisAgree [36] Agree [9] Reply Report Abuse

  • Aubb, Kuwait

    Thu, Aug 24 2017

    Check with the Department of Industrial Policy and Promotion of the Ministry of Commerce in New Delhi, who published this figures.

    These figures are not churned out by Deshpande or Congress party.

    DisAgree [1] Agree [10] Reply Report Abuse

  • Flavian, Mangalore/Kuwait

    Thu, Aug 24 2017

    Evem Donald Trump has realized.
    He to insists that India has to do much or contribute more in Afganistan and elsewhere. Simply branding others as terrorist the problems would not end.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Mahendra Shetty, Mumbai Mangalore

    Thu, Aug 24 2017

    AS INVESTORS KNOW NEXT CHOR PARTY MUKHTH PLACE IS KARNATAKA.......

    DisAgree [50] Agree [10] Reply Report Abuse

  • RUDOLPH, MANGALORE/MUSCAT

    Thu, Aug 24 2017

    THIS IS THE EFFECT OF SIDDU'S ABLE GOVERNMENT. BUT MODI'S ACHIVEMENTS/PROMISES ONLY IN PAPER.

    DisAgree [6] Agree [43] Reply Report Abuse

  • Flavian, Mangalore/Kuwait

    Thu, Aug 24 2017

    And what Modi ficataion and the achievements ?
    Only Modi's statistics and speaches.
    Any information on the FDI through his so many foreign tours.?

    DisAgree [4] Agree [42] Reply Report Abuse

  • jeevan, mangalore

    Thu, Aug 24 2017

    Have you.seen any single new.industry come up in karnataka under khangi rule since 4 years except Indira canteen.

    DisAgree [70] Agree [11] Reply Report Abuse

  • Sharan, Mangalore

    Thu, Aug 24 2017

    Karnataka govt is waiting for its switz bank money share to set up new industries since 3 years . Unemployment is rising fake news is rising !

    DisAgree [4] Agree [27] Reply Report Abuse

  • Sheikh, Karkala

    Thu, Aug 24 2017

    Open your eyes. Stop chanting modi mantra, you will see real world.

    DisAgree [1] Agree [4] Reply Report Abuse

  • Flavian, Mangalore/Kuwait

    Thu, Aug 24 2017

    Credit goes to Siddanna.
    Under his leadership Karnataka is ascending to new heights.
    BJP please keep distance at least after reading this report.
    You be busy building your false policies of achievements. you are more interested in expanding BJP rule than good governanace.

    DisAgree [11] Agree [60] Reply Report Abuse

  • jeevan, mangalore

    Thu, Aug 24 2017

    Only on paper... It is nothing but purely election stunt.

    DisAgree [73] Agree [12] Reply Report Abuse

  • Sharan, Mangalore

    Thu, Aug 24 2017

    Barnol Moments .

    DisAgree [8] Agree [63] Reply Report Abuse


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