Karnataka govt to focus on 5 key sectors for job creation

News Network
October 23, 2020

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Bengaluru, Oct 23: With a view to increasing its share in the country’s digital economy, Karnataka would focus on 5 key sectors for job creation and ease of doing business,” state Industries Minister Jagadish Shettar said on Thursday.

“We are focusing on 5 key sectors — artificial intelligence (AI), aerospace, automobiles, biotechnology and Internet of Things (IoT) to attract investments from the world over and generate about 70,000 jobs across the state,” said Shettar at the 7th national forum of the Public Affairs Forum of India (PAFI) in the virtual meet.

The New Delhi-based forum is a platform for corporate and public affairs practitioners and has members from large and medium firms from across the country, including Indian and overseas firms.

“The state government is skilling its workforce so that the industry can hire them for commencing operations at the earliest,” said Karnataka Chief Minister B.S. Yedyiurappa on the occasion.

Asserting that the state government was taking measures to sustain the economic growth amid the Covid pandemic, Shettar said Karnataka was the hub of IT services in line with its newly introduced IT policy for 2020-25.

“We are focussing on the new Industrial policy and the Industrial Facilitation Act to ensure investors implement their projects at the earliest,” said Shettar on the occasion.

The southern state has attracted investment proposals valued at Rs 1.38 lakh crore in 2020, the minister claimed.

“Our new industrial policy aims to create about 20 lakh jobs in diverse sectors spanning manufacturing and services over the next 5 years,” said Shettar.

State industry secretary Gaurav Gupta said the state government helped the industry to revive growth after the Covid-induced lockdown was lifted gradually since May.

“The pandemic has taught us the importance of building a strong value chain. We offer supply chains to industries, de-risk their operations and strengthen the local ecosystem for sustainable solutions,” said Gupta.

US-India Chamber of Commerce president Nisha Biswal said Karnataka was a harbinger of opportunity India seeks to capitalise on, post-pandemic, in the knowledge economy or the service sector.

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News Network
January 6,2025

Bengaluru: An eight-month old baby has been detected with the human metapneumovirus (HMPV) in a Bengaluru hospital on Monday, with reports going viral online. This is likely the first reported case of HMPV in the country after the recent spike in China.

The baby is reportedly undergoing treatment in a private hospital in northern Bengaluru.

The Karnataka state health department has maintained that there is no cause for concern.

"We don't know what strain of virus is spreading in China. Without knowing that, we cannot say that this reported case is concerning. We have been reviewing all influenza-like illnesses (ILIs) from December to check for any strain that is concerning. There is no such concerning spike across the state or country," said a well-placed source in the state health department.

The HMPV is a known virus (first discovered in 2001) that causes respiratory symptoms similar to that of a common cold, largely affecting children below the age of five. It is not a new virus.

Cases have been reported in the past, especially in the winter season, note experts and health department officials, making it not an immediate concern, unless an unusual spike is observed.

In December 2024, 714 suspected cases of HMPV were tested in 16 Virus Research and Diagnostic Laboratories (VRDLs) across the country, of which only nine were confirmed positive.

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News Network
January 14,2025

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Bengaluru: The BJP on Tuesday accused the police of "framing" an innocent person in the cow attack case in Chamarajapet here and demanded a fair investigation into the incident.

Sheikh Nasru (30), a native of Champaran in Bihar, has been arrested for allegedly slashing the udders of three cows on Sunday.

The matter escalated into a communal controversy after the saffron party threatened to observe 'Black Sankranti' if the culprits were not arrested before the festival.

The party has since emphasised that the actual perpetrators must be apprehended.

Addressing media here, BJP state president B Y Vijayendra said, "There are claims that an innocent man has been falsely implicated and is being projected as the culprit."

Leader of Opposition R Ashoka also raised doubts about the investigation, questioning how a mentally unstable man could work at the firm for a decade.

Ashoka noted that the incident occurred at the veterinary hospital, which spans four acres.

He alleged that the hospital was recently declared Waqf property and claimed that Karna, the owner of the injured cattle, had opposed the Waqf Board’s decision, suggesting this opposition might have led to the incident.

The party leaders led by Vijayendra and Ashoka celebrated 'Sankranti' by offering special prayers to cows at the spot where the attack took place.

Meanwhile, state Home Minister G Parameshwara dismissed the opposition charges and said the police were investigating the case without any bias.

"If the investigation reveals the involvement of more people, then police will not spare them," he told reporters here.

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News Network
January 9,2025

Mangaluru: In a significant development, Mescom has proposed a phased electricity tariff hike starting with Rs 0.70 per unit for the fiscal year 2025-26. The proposal has been submitted to the Karnataka Electricity Regulatory Commission (KERC) for approval, signaling a potential increase in electricity costs for consumers.

Mescom emphasized that the current tariff structure is insufficient to meet operational expenses and manage revenue effectively. To address this, the company has invited public objections to the proposed hike.

Currently, the electricity supply cost is Rs 9.23 per unit, while the consumer tariff stands at Rs 8.53 per unit, leading to a shortfall of Rs 0.70 per unit. For the financial year 2023-24, Mescom reported revenue of Rs 5,924.73 crore against an expenditure of Rs 6,310.39 crore, resulting in a deficit of Rs 367.66 crore. For the 2025-26 fiscal year, projected revenue is Rs 5,850.81 crore, with an actual requirement of Rs 5,961.63 crore, creating a deficit of Rs 110.82 crore.

In a first, Mescom has submitted a multi-year tariff revision proposal to KERC. The plan outlines a hike of Rs 0.70 per unit for 2025-26, followed by Rs 0.37 per unit for 2026-27 and Rs 0.54 per unit for 2027-28.

"An increase in electricity tariff is inevitable," stated Jayakumar R, Managing Director of Mescom. "Mescom has submitted a proposal in this regard to KERC."

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