Karnataka Budget: Siddaramaiah's hi-tech vision

542 acres of land has been acquired to develop a Machine Tool Industry Park' at Vasanthanarasapura in Tumakuru.

Bengaluru: Bengaluru could soon become the electric vehicle capital of India, with the state government putting it as a priority in the budget announced on Wednesday.

Along with this unique vision, the government is planning to formulate a policy for industries like 3D printing, robotics, nanotechnology, IoT, big data analytics, artificial intelligence and machine learning, stem cell research and bespoke DNA medicine. The best performing manufacturing unit will receive an award.

Apart from emphasising on promoting new technologies, the government has allocated Rs 400 crore for acquiring land to build an industrial area in Tumakuru under the Chennai-Bengaluru-Chitradurga Industrial Corridor Project.

542 acres of land has been acquired to develop a ‘Machine Tool Industry Park’ at Vasanthanarasapura in Tumakuru.
Rs 25 crore allocated to develop roads within the limits of sugar factories.
A business incubator program for women entrepreneurs.
Loans for women entrepreneurs from the Karnataka State Finance Corporation to be increased from Rs 50 lakh to Rs 2 crore at 4% interest.

More takeaways
A new 'Karnataka Road Safety Authority' will be constituted at Rs 5 crore. The Bicycle on Hire scheme currently in Mysuru, is to be replicated in selected clusters of Bengaluru

Digital display boards will be installed in KSRTC bus stations and other public places of all taluks. Rs.17 crore has been earmarked for this purpose. Rs 2 crore has been earmarked for the development of Kasturba Ashram at Arasikere.

Free bus pass to journalists in district headquarters for travel in respective city transport buses within the district.

Karnataka Integrated Government Litigation Management System” will be established for effective supervision over all types of government litigations. It will be integrated with the portals of the Courts, Tribunals and Bar Councils.

Grid connected solar roof tops will be installed on PPP mode with the assistance of KREDL in Mysuru, Gadag, Kalburgi, Tumakuru and Mangaluru court complexes. Pure water units will be established in all taluks court complexes at the cost of Rs 8.12 crore.

( Source : Deccan Chronicle. )
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