Farmers in Karnataka are going to see a big transformation in their livelihoods and agricultural productivity. Recognizing the potential for a strong collaboration in dryland agriculture long-term partners the Government of Karnataka and International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) along with consortium partners, launched a scheme called ...
Read More »Karnataka Budget: Agriculture Income tax to be abolished completely
Karnataka Chief Minister Siddaramaiah today has presented the state’s 2016-2017 budget with a major focus on agriculture as he announced that along with Special Economic Zones, Special Agricultural Zones will be identified across the state. The Special Agricultural Zones will focus mostly on efficient technologies for achieving productivity as well ...
Read More »Centre to spend Rs. 1 lakh crore for roads in Karnataka: Nitin Gadkari at Invest Karnataka 2016
Indian IT capital Bengaluru’s traffic condition didn’t spare even the prestigious Invest Karnataka 2016 summit as many industrial moguls including Infosys founder Mr. NR Narayana Murthy has requested the Chief Minister of the state Mr. Siddaramaiah to make the city “livable” for its inhabitants. While mqany big IT firms encourage ...
Read More »All you need to know about the maiden Karnataka Startup Policy
Startups have become the recent phenomena and the Narendra Modi government is trying very hard to create a cohesive atmosphere for startups through various policies including Start-Up India. The states are also going extra miles to attract startups by waging subsidies and loans. However, Karnataka became the first state to ...
Read More »Bengaluru Will get India’s First Space Park: ISRO
India is going to get her first space park in the IT capital of India- Bengaluru. The park will be set up by Indian Space Research organization (ISRO) in the Whitefield area of the city and private industries will be permitted to use the park for manufacturing facilities and satellite ...
Read More »Embassy Energy to build 200MW solar plant in Karnataka
Bangalore-based real estate developer Embassy Group is planning a 200MW solar PV plant in the Indian state of Karnataka. Embassy plans to further scale its power business and build 1GW of renewable energy projects across India over the next few years, said Anshul Singhal, CEO of Embassy Energy. According to the ...
Read More »A simplification of Karnataka’s New Industrial Policy for 2014-2019
The state of Karnataka aims to alleviate poverty and unemployment and improve the financial status of people through industrial, trade and service sector, because they promote improved per capita income, good investment, higher capital forming and encourage entrepreneurship. The state looks for industrialization to improve the lives of people from ...
Read More »Increased Interest Subsidy for Small Scale Industries in Karnataka
According to the financial budget 2014-2015, in a bid to improve the condition of small scale industries, the Micro and Small Scale Industries (SSIs) of Karnataka are eligible to get an interest subsidy for their loan availed at a rate of 6% from the Karnataka State Financial Corporation (KSFC). Benefit: ...
Read More »New Startup Policy in Karnataka
To accelerate the growth of business eco-system, Karnataka has decided to come up with a more comprehensive startup policy. The main agenda is to make sure that Bangalore leads as the most preferred destinations for startups. Simultaneously, this new policy will develop other important cities as startup destinations on par ...
Read More »Karnataka i4 policy- what is it all about?
I4 policy stands for IT, ITES, Innovation Incentives Policy. India’s IT capital Bangalore today stands as the second largest IT hub in the world next only to Silicon Valley with over almost 11 lakh direct and over 27 lakh indirect employment. According to industry sources, by the year 2020 the ...
Read More »