Karnataka Okays 78 Industrial Tasks Value Rs 5, 298 Crore Funding




The State Industries and Commerce Division has cleared a complete of 78 funding proposals value Rs 5,298.69 crore promising 13,917 jobs.

On the State Degree Single Window Clearance Committee (SLSWCC) assembly chaired by the Minister for Giant and Medium Scale Industries Murugesh R Nirani, these proposals had been cleared, a press release issued by the workplace of the Minister on Sunday stated.

The committee thought of and authorised 17 vital giant and medium dimension industrial tasks with investments of greater than Rs 50 crore. These tasks are value Rs 3,552.66 crore and are anticipated to create employment alternatives for six,933 folks within the State.

Additionally, 59 new tasks with investments of greater than Rs 15 crore and fewer than Rs 50 crore had been additionally authorised. These tasks value Rs 1,542.88 crore would generate jobs for six,984 folks in Karnataka, the assertion learn.

Two tasks of further funding have additionally been authorised, which is able to lead to an funding of Rs 203.15 crore and would generate huge employment alternatives, it stated.

(Apart from the headline, this story has not been edited by Timesof24 workers and is revealed from a syndicated feed.)

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