Rs 1,506 crore investment expected in coastal districts

January 4, 2012

KBDS1

Mangalore, January 4: Chief Minister D V Sadanaga Gowda has said that a total of Rs 1.506 crore would be investment in coastal districts of Karnataka was expected by as many as 38 major investors.

Inaugurating the Coastal Business Development Summit in Mangalore on Wednesday, he said that Karnataka is an investor friendly State and all facilities and conducive trade environment would be offered to the investors coming to the State.

Speaking on the industrial environment existing in the coastal districts, he said that though the region is well connected with air, rail, road and water ways, business and industries have not been able to make a mark in the region due to some external factors.

He said that the internal income of the region was nine per cent during 2008-09, of which Dakshina Kannada district had five per cent while Udupi and Uttar Kannada had mere two per cent contribution. District Industrial Progress of Dakshina Kannada was 31 per cent during this period while Udupi and Uttar Kannada was 29.8 per cent and 25.7 per cent respectively.

Speaking about the Global Investors' Meet held in Bangalore in 2010, the CM said that the event was a huge success which saw ushering in of an investment of Rs five lakh crore. As many as 387 MoUs were signed promising six lakh job openings.

“As many as 288 projects have already taken off while 89 projects nearing completion,” said the CM.

During the programme, 38 investors including MRPL with a romping Rs 1,100 crore project signed the MoU with the State. Minister for Small and Medium Industries Murugesh Nirani said that an area of 1.19 lakh acre has been set aside for the Land Bank in the State and preliminary steps have been taken to acquire 89,000 acres of land.

Udupi District-in-Charge Minister Dr V S Acharya said that the primary sector in the region contributes to only 19 per cent of the gross production of the State while manufacturing sector contributes to 21 per cent while the tertiary sector (service sector etc) contribute to 45 per cent.

“This means that we need to give importance to tertiary sector,” said Dr Acharya.

Minister for Primary and Higher Education Kageri Vishweshwara Hegde, Federation of Karnataka Chambers of Commerce and Industry (Bangalore) President J R Bangera, Kanara Chamber of Commerce and Industry President Latha R Kini among others were present.

KBDS2

KBDS3

KBDS4

KBDS5

KBDS6

KBDS7

KBDS8

KBDS9

KBDS10

KBDS11

KBDS12

KBDS13

KBDS14

KBDS15

KBDS16

KBDS17

KBDS18

KBDS19

KBDS20

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 20,2020

Udupi, Jun 20: Movement of heavy vehicles on Agumbe Ghat section was banned till October 15, following heavy rain lashing due to onset of South West Monsoon.

The Agumbe Ghat connects Shivamogga with the Udupi district. There is a possibility of landslides on either side of the Ghat road if movement of heavy vehicles is allowed during the monsoon, said Udupi DC G Jagadeesh in statement issued here on Saturday.

The movement of all heavy vehicles above 12 tonnes has been banned on the road. Till end of monsoon all the heavy vehicles have to move via Udupi-Brahmavar-Barkur-Shankaranarayana; Siddapura-Hosangady-Hulikal Ghat-Hosanagara-Theerthahalli; Udupi-Karkala-Bajagoli-S K Border-Kerekatte-Sringeri- Shivamogga.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 10,2020

Bengaluru, Feb 10: Smoke entered wards at Sagar Hospital following a short circuit in the UPS room, said the fire department here on Sunday.

"Smoke entered wards at Sagar Hospital in Bengaluru, following a short circuit in the UPS room at the hospital today. Patients have been shifted from the site of the incident, as a precaution," the fire department in Bengaluru said.

"No fire incident reported and the situation is under control now," the fire department said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 15,2020

Bengaluru, Jan 15: Srishti Institute of Art, Design and Technology in Bengaluru has decided to remain shut for two days after a group of BJP workers wiped out graffiti on its outer walls claiming it as anti-Modi and allegedly warned them against any anti CAA agitation there.

According to sources, the group led by Yelahanka MLA S R Vishwanath allegedly even towed away some vehicles of students and faculty parked in front of the institute alleging that they were blocking the road and causing inconvenience to the local people.

Some students have alleged that they were threatened by BJP workers and also the institute's authorities regarding the graffiti and the blocking of the road using traffic police.

They even claimed that BJP workers warned them against organising any anti-NRC or CAA protests.

A few local residents are also said to have joined the BJP workers and raised complaints about the conduct of the institute's students.

According to local BJP workers, the MLA and a few party men had gone near the institute on receiving complaints from locals about vehicles parked there blocking the road, and when they came across the graffiti they painted it with saffron paint to avoid any controversy, and there was no altercation as being alleged.

However, there is no clarity on who drew the graffiti regarding Modi, which according to BJP workers allegedly depicted the PM in poor light.

The institute has declared holiday on Thursday and Friday to avoid any further escalation, keeping the interest and safety of students in mind, sources said.

Interestingly, on Tuesday graffiti had appeared overnight on the shutters of some shops and walls on the Church Street against Modi, CAA and NRC, following which the city police have launched an investigation.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.