Investors not withdrawing from State: Siddaramaiah

Says Rs 96,609 crore has been invested in the past two years

Investors not withdrawing from State: Siddaramaiah

Karnataka is a suitable place for investors and no company that has invested here is withdrawing, asserted Chief Minister Siddaramaiah.

After launching development works at the new industrial area near Badanaguppe-Kellamballi, in Chamarajanagar, on Tuesday, he said, the opposition parties are spreading rumours that corporates are not willing to invest in the State.

“In reality, the government has approved 363 projects in the last two years. This would bring Rs 96,609.55 crore to the State and would provide employment opportunities to 2,27,552 people,” he explained.

The Hero company, which had set up its unit in Dharwad has shifted to Andhra Pradesh, but has not begun its operations there. Special incentives have been offered to Asian Paints Company to retain it. It has been decided to develop industrial areas in Vemgal in Kolar district and Yadgiri district, he said.

The Industrial Policy of the State is a model for the entire country. The government will give a boost to the industrial areas in Tier II and III cities. It is committed for the development of industries in backward districts like Dharwad, Vijayapura and Bagalkot, he said.

BBMP elections

The government has not received a copy of the verdict issued by the High Court Single Bench on the BBMP elections. As soon as the copy is received, discussion will be held with the Advocate General and we will decide on the future course of action, he replied to a query.

Country-breed cows

Minister for Law and Parliamentary Affairs and Animal Husbandry T B Jayachandra said, the government has decided to sell milk of country-breed cows under Nandini brand. 

Speaking at a programme, where the Chief Minister participated in the groundbreaking ceremony for the construction of a building for Chamarajanagar Milk Union, at Kuderu village, the Minister said, the milk of these cows (Hallikar breed) is in great demand in cities like Bengaluru, which is sold at Rs 100 per litre.

Hence, the milk would be supplied to the customers through the Karnataka Milk Federation (KMF), which is doing a business of Rs 11,000 annually, producing 62 milk products, he added.

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