Automotive India News Bureau :
Karnataka government will remove all hurdles including power shortage faced by industries in the state, a top state cabinet minister said today at an ASSOCHAM summit.
R V Deshpande, Minister for Large & Medium Scale Industries Karnataka, said the state government was trying to usher in an efficient and transparent administration so that all problems faced by entrepreneurs are resolved in a time bound manner.
Deshpande was addressing delegates at the 4 th Annual Karnataka Manufacturing Summit organized by ASSOCHAM in Bangalore today.
Admitting that there were several problems faced by industry, Deshpande said the state government is continuously working to remove the same.
Referring to poor power supply, he said that 2300 MW of additional power will be available to the state grid by June– July 2016. This will take care of shortages currently being faced both in the industrial and other general consumer sectors.
The minister also noted the state government is seriously looking at labour laws to make them productivity oriented while protecting interests of labour. He pointed out that the state government has already accepted most of the parameters worked out by the central government in relation to labour laws.
He called upon industry to consider expanding into Tier II & Tier III cities of the state while inviting all potential investors to participate in forthcoming Investors’ Meet “Invest Karnataka – 2016”, which is scheduled during February 2016 in Bangalore.
Earlier welcoming delegates to the Summit, S Babu, Member, Managing Committee expressed concern at pending GST Bill and other reform measures that were impeding growth of economy. He called for specific steps to increase share of manufacturing in country’s as well as Karnataka’s GDP.