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Karnataka Government clears 60 new industrial projects; creating new jobs

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The Karnataka government has approved 60 industrial projects worth Rs 2,465.94 crore. This has come up by keeping the industrial growth momentum under consideration.

The 131st State Level Single Window Clearance Committee (SLSWCC) meeting held under the chairmanship of Minister for Large and Medium Scale Industries Murugesh R. Nirani on Saturday evening cleared the projects.

Minister Murugesh Nirani headed SLSWCC in its 130th meeting on March 5 had cleared 48 industrial projects worth Rs 2,062.21 crore with employment potential for 6,393 people.

This will help in generating jobs within the state for over 8,575 people, an official statement stated on Sunday.

At the 131st SLSWCC meeting, 49 new projects with an investment of more than Rs 15 crore and less than Rs 50 crore were cleared. And these projects worth Rs 938.61 crore would generate jobs for 5,385 people in the state.

One more project worth Rs 5 crore investments was also approved. A total of 60 projects with investments of Rs 2,465.94 crore with employment potential for 8,575 people were cleared.

The committee has considered and approved 10 important large and medium-size industrial projects with an investment of more than Rs 50 crore. These projects worth Rs 1,522.33 are expected to create employment opportunities for 3,190 people in the state.

The Karnataka government had also cleared industrial projects worth Rs 11,495.4 crore with the potential of creating over 46,984 jobs.

This was considered in the 58th State High-Level Clearance Committee meeting held under the chairmanship of Chief Minister Basavaraj Bommai and vice chairmanship of Nirani.

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.