Investors' meet may be put off

The State government had proposed to hold the meet in January next year.
A delegation headed by Chief Minister Yeddyurappa and Industries minister Murugesh Nirani was supposed to leave for the United States on October 7 to hold meetings with the investors.

The Chief Minister cancelled the trip, saying that addressing the floods was first priority. Industries Minister Nirani is busy monitoring flood relief works in North Karnataka.
Earlier, Chief Minister B S Yeddyurappa had said that he would send cabinet ministers to different countries to attract investors for the meeting. As of now, the CM is believed to have instructed ministers to concentrate on flood-relief works in their respective districts.

Relief, the priority
Murugesh Nirani said that relief works would be the government’s priority.
“The State’s vision group, headed by the Chief Minister, will decide on the global investors’ meet. The group consists of top industrialists and principal secretaries of various departments. It will take a decision in a couple of days,” Nirani said.

The Bharatiya Janata Party government had earlier decided to hold the Global Investors’ Meet in February this year. It was postponed following poor response from investors across the globe due to global economic recession.

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