Siddaramaiah's Karnataka is India's top job creating state

[email protected] (CD Network)
April 4, 2016

Bengaluru, Apr 4: Karnataka has been ranked as the country's top job creating state with an over 24 per cent share during the fourth quarter of the last fiscal year, according to a report by industry body Assocham.

jobThe state was followed by Maharashtra (23 per cent) and Tamil Nadu (10.5 per cent), it said.

The information technology (IT) sector created about 57 per cent of about nine lakh job openings recorded between January and March 2016, followed by services (19 per cent) and manufacturing (11 per cent), according to the report.

The banking, financial services and insurance (BFSI) sector accounted for just over 8 per cent share, followed by construction and real estate (3.5 per cent).

Within Karnataka, ITeS (IT-enabled services) accounted for an over 65 per cent share in job openings across the state, followed by services (16 per cent), manufacturing (8 per cent), BFSI (6 per cent) and construction and real estate sector (2.5 per cent).

The Assocham Economic Research Bureau (AERB) had analysed the data sourced primarily from vacancies posted by companies via various job portals together with advertisements offering employment opportunities published in national and regional dailies across India.

Karnataka had recorded 2.16 lakh job openings in the first quarter of last fiscal year, followed by Maharashtra (2 lakh), Tamil Nadu (93,000), the Andhra Pradesh and Telangana region combined (82,000), and Haryana (72,000).

Sector-wise, Karnataka led in terms of job openings in the ITeS sector with 28 per cent share in over five lakh jobs created by the sector, followed by Maharashtra (20.5 per cent), Tamil Nadu (11 per cent), Andhra Pradesh-Telangana (10 per cent) and Uttar Pradesh (8 per cent), it said.

The services sector recorded 1.69 lakh jobs in the January-March quarter of 2015-16 with Maharashtra accounting for the lion's share of about 24 per cent, followed by Karnataka (21 per cent), Haryana (8.4 per cent), Uttar Pradesh (8.2 per cent) and Andhra Pradesh-Telangana (8.1 per cent).

In manufacturing sector, Maharashtra has recorded highest share with 22.5 per cent in over 99,000 job openings, followed by Karnataka (19 per cent), Tamil Nadu (12 per cent), Andhra Pradesh-Telangana (9 per cent) and Gujarat (8 per cent).

Maharashtra also topped with highest share in job openings recorded in BFSI, and construction and real estate with a share of about 31 per cent in both sectors each, while Karnataka followed with a share of 18 per cent and 17 per cent respectively, it added.

Comments

KhasaiKhaane
 - 
Tuesday, 5 Apr 2016

Hmm.. Bakhts thought it was #MoNa's Gujarat which had 100% Employment..!

Kalndar
 - 
Tuesday, 5 Apr 2016

Great CM Siddaramayya

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coastaldigest.com news network
May 9,2020

Bhatkal, May 9: A day after 12 covid-19 positive cases reported from Bhatkal, seven more tested positive for the coronavirus in the town today. 

The new patients are: a six-month-old baby, a two-and-a half-year-old child, two girls aged 17 and 23, a 50-year-old woman and two elderly men aged 65 and 68 years.

The source of all these cases is said to be the First Neuro hospital located at Padil in Mangaluru where a covid-19 patient from Bantwal had undergone treatment a month ago. Around 20 days ago an 18-year-old girl from Bhatkal, who had been to the same hospital was tested positive for the covid-19. 

After the confirmation of 12 covid-19 positive cases yesterday, the throat swab of 60 people, who were in contact with them were sent for testing. Among them seven people – six relatives and a friend – were tested positive today.

Also Read: 12 new covid-19 positive cases in Bhatkal

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News Network
May 11,2020

May 11: The Karnataka government appears set to roll out red carpet welcome to foreign companies seeking to move out of China.

The State's Large and Medium Scale Industries Minister Jagadish Shettar said the Government plans to constitute a task force, under the Chairmanship of the Chief Secretary T M Vijay Bhaskar, to spearhead the drive to attract such investment. A proposal to this effect has been sent to the Chief Minister B S Yediyurappa for approval, the Minister told PTI in an interview.

This panel would take feedback and suggestions from a consultative committee to be formed with prominent industrialists from the State and representatives of various countries located here, Shettar said.

In recent days, the Minister held consultations with industrialists such as co-founder and Non-Executive Chairman of Infosys Ltd, Nandan M Nilekani, Executive Chairperson of Biocon Ltd, Kiran Mazumdar-Shaw and Chairman of early-stage startup accelerator and venture fund Axilor Ventures Senapathy (Kris) Gopalakrishnan to fine-tune the States outreach push.

Shettar also held interactions with industry bodies, including Confederation of Indian Industry (CII), the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), Bangalore Chamber of Industry and Commerce (BCIC) and Karnataka Small Scale Industries Association (KASSIA).

Industrialists who took part in the deliberations suggested to the government to focus on ease of doing business and improving the single window clearance system for approvals, as the Minister spelt out government's intent of further improving the investment climate to attract industries to Karnataka.

To boost the industry sentiment in the State, they also stressed the need on easing land acquisition regulations, and leveraging the knowledge base of Bengaluru to promote technology-based manufacturing.

"Given the interest shown by some companies in moving their manufacturing bases out of China, the industry leaders recommended that the State government identify a target list of 100 firms to reach out to for attracting to the State, and work out a strategy to bring them to Karnataka," an Industry department official said.

The industry leaders assured cooperation from the private sector in reaching out to and facilitating interactions with CEOs of these companies.

Shettar said restrictions on acquisition of agriculture land for starting industries have now been relaxed with the passage of an amendment to the land reforms act in the recent Legislature session.

This would facilitate immediate land allotment to industries, he added.

The Minister has also submitted a proposal to the Chief Minister on relaxing labour laws.

Secretary General of industry body ASSOCHAM, Deepak Sood, told news agency recently that there is a broader consensus that the global manufacturing supply chain would be more spread than concentrated in major economies like China.

"If India comes out of the present crisis with minimum of impact, we can be the destination of choice for the global manufacturing giants in different sectors like electronics, computer hardware, pharmaceuticals, including medical devices, automobile, including components and other engineering products," Sood had said.

Gopalakrishnan, also co-founder of Infosys and former CII President, said India has to target companies which have operations in China, reach out to them, understand what their needs are and hold discussions with them.

"We have to make sure that their requirements are addressed, be it with regard to land, office space, faster approvals, and some concessions on local taxes. It depends on the businesses that the companies are in, and if we are able to respond to those requests, I think we will be able to attract them", he told news agency.

"All states will compete for this business (foreign investment)," Gopalakrishnan added.

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coastaldigest.com news network
July 4,2020

Davanagere, Jul 4: Referring to allegations made by former Karnataka Chief Minister Siddaramaiah's charge about corruption while purchasing COVID-19 equipment, Health Minister B Sriramulu said the state government is ready for any kind of probe in this regard.

Speaking to media persons here on Saturday, he said the government has maintained accounts for each purchase of equipment related to Covid-19. 

"So, Congress leader's allegations are far from the truth. Siddaramaiah has vast political experience. It is unbecoming of such a leader to make ridiculous allegations. The government is ready to release white paper on purchase of equipment related to Covid-19," he said.

He said Karnataka stands third in the country in collection of throat swabs and examination of people related to Covid-19. The entire country has hailed Karnataka's role in containing Covid-19, Sriramulu he added.

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