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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I blame students and parent as well why they took admission in such a co education school which principally is against the religion .....
I blame the student who gOt admission in such a school where there is co education even that is also against islam...
Atleast, can this PROFESSOR help me in identifying these super models in the architecture of Belur Temples?
In Mahavir Charitra , Rama's wife Sita Also observed Hijab. #RespectSita
Some people dont know what is beauty of islam ,
what islam means please try to go thru that for u r knwolege
isis talaiban is not islam dont be mis understand that for islam and isi no matchable that against the islam
This lecturer doest know the principles of democracy everyone has right to practice there religion, before inducting such type of lecturers in college, management has to arrange induction programme with proper teachings of moral values and civil rights of society, with only proper action we can root out such type of communally hatred people.
BIBLE SAYS:
1 Corinthians 11:5-6 : But every wife who prays or prophesies with her HEAD UNcovered DISHONORS her head, Since it is the same as if her head were shaven. For if a wife will not cover her head, then she should cut her hair short. But since it is DISGRACEFUL for a wife to cut off her hair or shave her head, let her cover her HEAD.
VEDA says :
Rig VEDA Book no 8 Hymn no 33 V.no. 19 : When Brahma has made YOU a WOMAN, You should lower gaze and should not look up. You should put your feet together and you should not reveal what the garment and the veil conceals.
QURAN Chapter 33 V 9 : O Prophet! say to your wives and your daughters and the women of the faithful to draw their outer garments close around themselves, that is BETTER that they will be recognized and not annoyed. And ALLAH is ever forgiving , Gentle.
Many people follow the MEDIA which mostly controlled by those who doenst believe in the GOD and
IGNORE what is taught in the RELIGIOUS book which is enlightened by the messengers of GOD for MANKIND...
U decide U want go with the believers in God or not? I congrats MUSLIM who stick to the RULES of GOD....By ignorance many attack them for following God's rule without true knowledge of GOD.
such issues should be tried to clear internally as a first preference, if same repeat again peaceful protest should be done.
Jai campus front
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