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Bhagyalakshmi Scheme: Preparing our Daughters for future: Karnataka

PC: smilyo

This Scheme is launched by Department of Women and Child Department, Karnataka. Objective To promote the birth of girl children in below poverty line families and to raise the status of the girl child in the family in particular and society in general. Financial assistance is provided to the girl child through her mother/father or natural guardian subject to the ...

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Revolutionary Scheme: Reaping Gold out Of Land: Karnataka

PC: seedbuzz

Farmers in Karnataka are going to see a big transformation in their livelihoods and agricultural productivity. Recognizing the potential for a strong collaboration in dryland agriculture long-term partners the Government of Karnataka and International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) along with consortium partners, launched a scheme called Suvarna Krishi Grama Yojane: Transforming agriculture and livelihoods in rural ...

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Karnataka Budget: Agriculture Income tax to be abolished completely

Photo Courtesy- www.udayavani.com

Karnataka Chief Minister Siddaramaiah today has presented the state’s 2016-2017 budget with a major focus on agriculture as he announced that along with Special Economic Zones, Special Agricultural Zones will be identified across the state. The Special Agricultural Zones will focus mostly on efficient technologies for achieving productivity as well as putting significance on organic farming and other related technologies. ...

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Centre to spend Rs. 1 lakh crore for roads in Karnataka: Nitin Gadkari at Invest Karnataka 2016

Photo Courtesy- www.firstpost.com

Indian IT capital Bengaluru’s traffic condition didn’t spare even the prestigious Invest Karnataka 2016 summit as many industrial moguls including Infosys founder Mr. NR Narayana Murthy has requested the Chief Minister of the state Mr. Siddaramaiah to make the city “livable” for its inhabitants. While mqany big IT firms encourage young people to work in Tier-II cities like Trivandrum, Mysore, ...

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All you need to know about the maiden Karnataka Startup Policy

Photo Courtesy- www.nammasarkara.in

Startups have become the recent phenomena and the Narendra Modi government is trying very hard to create a cohesive atmosphere for startups through various policies including Start-Up India. The states are also going extra miles to attract startups by waging subsidies and loans. However, Karnataka became the first state to release its maiden Startup Policy (2015-2020). The policy however will ...

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Bengaluru Will get India’s First Space Park: ISRO

Photo Courtesy- gadgets.ndtv.com

India is going to get her first space park in the IT capital of India- Bengaluru. The park will be set up by Indian Space Research organization (ISRO) in the Whitefield area of the city and private industries will be permitted to use the park for manufacturing facilities and satellite components. This is an important step towards ensuring PM Narendra ...

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Embassy Energy to build 200MW solar plant in Karnataka

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Bangalore-based real estate developer Embassy Group is planning a 200MW solar PV plant in the Indian state of Karnataka. Embassy plans to further scale its power business and build 1GW of renewable energy projects across India over the next few years, said Anshul Singhal, CEO of Embassy Energy. According to the Central Electricity Authority, the country’s total installed capacity for renewable ...

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A simplification of Karnataka’s New Industrial Policy for 2014-2019

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The state of Karnataka aims to alleviate poverty and unemployment and improve the financial status of people through industrial, trade and service sector, because they promote improved per capita income, good investment, higher capital forming and encourage entrepreneurship. The state looks for industrialization to improve the lives of people from all walks of life. Objective: The central agenda is to ...

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Increased Interest Subsidy for Small Scale Industries in Karnataka

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According to the financial budget 2014-2015, in a bid to improve the condition of small scale industries, the Micro and Small Scale Industries (SSIs) of Karnataka are eligible to get an interest subsidy for their loan availed at a rate of 6% from the Karnataka State Financial Corporation (KSFC). Benefit: The interest subsidy is of 6% on loans from KSFC. ...

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New Startup Policy in Karnataka

rupee61

To accelerate the growth of business eco-system, Karnataka has decided to come up with a more comprehensive startup policy. The main agenda is to make sure that Bangalore leads as the most preferred destinations for startups. Simultaneously, this new policy will develop other important cities as startup destinations on par with top 30 international startup hubs. This move has be ...

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