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Karnataka govt okays four mega industrial projects; 4K to get jobs

News Network
September 2, 2017

Bengaluru, Sept 2: The State High Level Clearance Committee (HLCC) headed by Chief Minister Siddaramaiah has cleared four projects with a total investment of Rs 3,596 crore, which is said to create employment for 3,842 persons, Major Industries Minister R V Deshpande said on Friday.

The investments are in the automobile, chemical, service and textile sectors. TVS Motor Company Ltd, Bengaluru, will be expanding its two wheeler manufacturing project on the existing 20 acres allotted by Karnataka Industrial Areas Development Board (KIADB) at Bythahalli village, Kadakola post, Mysuru. The company will be investing Rs 1,110 crore for this purpose, he told reporters.

Mangalore Refinery and Petrochemicals Ltd, Mangaluru will be setting up a 2G Ethanol plant on 50 acres of KIADB land in Hanagawadi Industrial area, Harihara, Davangere. The company will be investing Rs 966 crore and creating 71 jobs.

Ikea India Pvt Ltd, Bengaluru will be setting up its single brand retail home furnishing store on 10.11 acres of leased land of BMRCL at Nagasandra village, Yeshwanthpur hobli, Bengaluru. The company is investing Rs 810 crore and creating 1,050 jobs.

Shahi Exports Pvt Ltd, Bengaluru will be setting up a textile weaving, processing and printing unit on 33.17 acres of existing land in Nidige KIADB Industrial area, Shivamogga, at an investment of Rs 710 crore. It is said to create 2,440 crore jobs.

Deshpande said that though Karnataka was attracting investments, the manufacturing sector had taken a hit post demonetisation. “Despite Karnataka having a good eco-system and human resource, the manufacturing sector is suffering as there is no demand. We would have given better results if there was no demonetisation,” the minister said.

Slamming the Narendra Modi government for introducing demonetisation without proper planning, Deshpande said that it had shattered the economy and dashed the hopes of several young job aspirants.

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News Network
February 13,2020

New Delhi, Feb 13: Ashoka Buildcon on Thursday said it has emerged as the lower bidder for a highway project worth Rs 1,035.5 crore in Karnataka.

The project entails four laning of a section of NH-206 in the state.

Ashoka Buildcon had submitted its bid to National Highways Authority of India for the project to be built on hybrid annuity mode under Bharatmala Pariyojana, it said in a BSE filing.

"The company emerged as the lowest bidder at the financial bid opening meeting held on February 13," Ashoka Buildcon said.

The quoted bid project cost for the project is Rs 1,035.50 crore, it added.

The company's stock was trading at Rs 103.05, down 2.78 per cent, on the BSE.

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News Network
May 11,2020

Bengaluru, May 11: Karnataka Medical Education Minister Dr K Sudhakar today held a video conference with Kerala Health Minister KK Shailaja to discuss measures to tackle COVID-19.

The ministers discussed in detail the protocols for testing, quarantine and treatment for COVID-19 that are being followed by both the states.

The Karnataka Health Department on Monday said that 10 new cases of COVID-19 have been reported in the state, taking the total number of positive cases to 858.

"31 people have lost their lives due to coronavirus in the state and 422 persons have been discharged after recovery," the Health Department added.

Kerala, on the other hand, has tackled the coronavirus crisis better than most other states of the country. There are only 19 active cases of COVID-19 in the state while 489 people have recovered. The death toll in the state is 4, according to the data published by the Union Ministry of Health and Family Welfare on Monday.

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News Network
March 25,2020

Udupi, Mar 25: Fearing Corona infection a 56-year-old man has committed suicide over in Udupi. 

The deceased has been identified as Gopalkrishna Madivala.

He was a KSRTC bus driver and was currently performing a duty to train new drivers.

He suspected his friend had contracted COVID-19 and as he had a close association with him, he feared he too will be infected and hence hanged himself on a tree.

Although symptoms of Corona infection do not appear to him, he left behind a death note which stated that he resorted to the extreme step over suspicion of having been infected by a corona trait of a friend. 

Recently, the first COVID-19 positive case in Udupi where a 34-year-old man has been tested positive.

A press release issued by the District Health and Family Welfare Officer on Wednesday said that the man had come from Dubai to Udupi district on March 18.

Since he showed symptoms of COVID-19, he was admitted to the District Government Hospital on March 23. His throat swab was sent for test and the preliminary report stated that he had tested positive for COVID-19.

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