Bengaluru, Jan 24: On the last day of his four-day trip to Davos, Switzerland, to attend the World Economic Forum, chief minister BS Yediyurappa urged the global business community to invest in cities other than Bengaluru in the state.
On Thursday, while extending an invitation to entrepreneurs to participate in the Global Investors Meet in November in Bengaluru, Yediyurappa highlighted the “conducive investment climate” in the state vis-a-vis others by pointing to its 7% growth rate which is much higher than the national average of below 5%.
He also pointed to the state’s rich history and the fact that it is home to a number of desi MNCs such as Infosys, Biocon Wipro and Dynamatics. “At the same time, the state has one of the lowest unemployment rates compared to the national average,” Yediyurappa said.
In his address to heads of businesses, industries minister Jagadish Shettar also urged investors to consider Tier 2 and 3 cities for investment. “Land banks have been created in Tier 2 and 3 cities and regional connectivity has improved. Let us strive to place Karnataka on a highgrowth path,” Shettar said.
Lending a “helping hand”, Union minister Piyush Goyal, in his address, appealed to the community to invest in Karnataka, which “has a robust and congenial industrial atmosphere”, but also urged them to spread “tentacles” to all parts of the country.
"List it for hearing tomorrow," a bench comprising Chief Justice T S Thakur and Justice U U Lalit said, when Attorney General Mukul Rohatgi, appearing for PSU banks, mentioned the matter for urgent hearing.
Comments
@ Rikaz....
You quoted as Quraan and this is not Quraan that is Hadeeth. In Hadeeth Muhammad Sallalahu Alaih Wa Sallam said pay the wages of the labor before their sweatings wipes out...
First of all government should make sure that this man should pay salaries of all employees...if he doesn't, should put him behind bar...forget about banks loans bla bla bla...in Quran it is clearly mentioned employee must be paid by his employer his wages before he wipes out his sweat....because of that reason he is suffering....he cannot get away from the curse of those employees and their families....
Mallya got into airlines is his popi kala.....it was his own death trap...
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