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    Nita Ambani Announces India-America Health Alliance Partnership at AAPI’s 44th Annual Convention, Received AAPI Humanitarian Award 2026.

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    Cluster Industrial Locations and Benefits of Private Aviation.

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    Switrus Expands Beyond Europe with Launch of Switrus Asia.

    RajaRani Coaching Launches India’s First-Ever National Blouse Designing Competition to Spotlight India’s Grassroots Fashion Talent.

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    Honda Cars India registers 13.5% growth in domestic sales with 5,243 units in June’26.

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    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

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    ABD's ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in May 2026

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Self assessment tax for industries: CM Bommai

FWM by FWM
July 16, 2022
in Business
0

Hubballi. July 16.
Self assessment property tax system would be introduced for industries, Chief Minister Basavaraj Bommai said.

The Chief Minister in his address at the Conference of State and District Level Commerce and Industrial Associations said, the State government is coming out with a new Employment policy to increase employment opportunities for the youth, women should become entrepreneurs. A silent revolution is happening in the state. Government is encouraging setting up of high tech industries in tier-2 cities. The Industrial associations should work with the government to improve the Ease of Doing Business. FKCCI should take up corporate social responsibility. The property tax issue has come to my notice. Immediate action would be taken to resolve it. The grievances related to GST could be discussed in Bengaluru, he assured.

Opportunities for technology based industries

The Chief Minister called upon the industrialists to tap the huge opportunities for technology based industries in tier-2 and tier-3 cities. There is abundance of talent in these places. FKCCI should take the leak in this regard. Mega Textile parks are coming up in Kalaburagi and Vijayapura, a Pharmaceutical Hub is being set up in Yadagiri, the Mumbai-Bengaluru Industrial Corridor would see huge industrialisation of Tumakuru, Chitradurga, Haveri, Dharwad and belagavi. Industrial infrastructure is being upgraded to enable this. In Kalyana Karnataka region airport is coming up in Raichur and Vijayapura. Six special townships are being developed.

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Karnataka has improved its Ease of Doing Business. A New Industrial Policy has been implements. A most modern Semiconductor fabrication unit is being set up in the state. The state is also leading in renewable energy as it produces 43% of the total production in the country, he said.

State to amend rules for setting up of Special Investment Zones: CM Bommai

Hubballi. July 16.
The State government will bring necessary amendments for rules in the next legislature session to set up Special Investment Zones in Dharwad and Tumakuru, Chief Minister Basavaraj Bommai said.

The Chief Minister in his address after laying the foundation stone for Karnataka Material Testing and Research Center said, the proposed new Center would bring greater discipline in maintaining quality of industrial products. It is happy to note that it has received NABL recognition. The KMTRC in Hubballi has submitted a request for Rs4 cr to procure modern equipment. It would be granted within a week, Bommai said.

The proposed FMCG Cluster in Hubbali-Dharwas would create employment opportunities for about one lakh persons. It would play an important role in all round development of Northern Karnataka. Necessary amendment to rules would be brought in the next legislature session to set up Special Investment Zones in Tumakuru and Dharwad. This would spur huge industrial growth in these cities. Stringent quality control in manufacturing would help the industries to expand their market, he said.

The Chief Minister called upon the entrepreneurs to exploit the industry-friendly policies of the government and participate in the Global Investors’ Meet to be held in Bengaluru on November 2 and 3 in a big way.

Large and Medium Industries minister Murugesh Nirani, Agriculture minister BC Patil, Textiles minister Shankar Patil Munenakoppa and others were present.

Karnataka Material Testing and Research Center

The Center has been established by the State and Union governments in association with Northern Karnataka Small Scale Industries Association(NKSSIA) and Karnataka Chamber of Commerce.

It has made a mark as a prestigious institution in Northern Karnataka for quality assessment of products of the exporters.

Employment for 10,000 persons in Shiggaon before next August 15: CM Bommai

Haveri. July 16.
I have resolved to provide employment for 10,000 persons in Shiggaon before August 15 next year, Chief Minister Basavaraj Bommai said.

The Chief Minister in his address after laying the foundation stone for a Textile Park, Ready Made Garments unit and widening of National Highway-4 said, it has been decided to set up garment units and other labour intensive industries in all the taluks in the next 2-3 years. The Texport Garments unit would provide employment for 3000 persons in the first phase and 5,000 persons in the second phase. The Textiles Park would provide jobs for about 10,000 persons.

Textile Parks in all taluks

Textile sector creates huge job opportunities. About 10 lakh people are working in the Garments industry in Bengaluru, most of them are women. I have a dream to establish textile parks in every district in Northern Karnataka, he said.

Launch of Development works in Shiggaon

A slew of development works including the Textile Park have been launched to generate employment opportunities in a big way. A hospital at a cost of Rs200 cr, GTTC, Cold Storage, residential schools, new PU college and construction of 3000 houses have been taken up, Bommai said.

FWM

FWM

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