Karnataka clears investment proposals worth more than ₹2,000 crore

The Karnataka government has cleared a total of 59 investment proposals worth ₹2,627.88 crore, promising to create 9,764 jobs.

Published on: Dec 7, 2022, 11:58:13 IST

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The Karnataka government has cleared a total of 59 investment proposals worth ₹2,627.88 crore, promising to create 9,764 jobs. The proposals were cleared at the 136th State Level Single Window Clearance Committee (SLSWCC) meeting held under the chairmanship of State Large and Medium Industries Minister Murugesh R Nirani here on Monday.

Karnataka Minister for Large and Medium-scale Industries Dr. Murugesh R Nirani in Bengaluru last month. (ANI Photo) (Shashidhar Byrappa)

READ | Karnataka inks MoUs for investments worth around ₹10 lakh crore

The committee considered and approved seven important large and medium size industrial projects with investments of more than ₹50 crore.

These projects worth ₹852.06 crore are expected to create employment opportunities for 3,860 people in the state, the Ministers office said in a statement.

READ | JSW Group plans to invest Rs. 1 lakh cr in Karnataka

It said the SLSWCC also cleared 48 new projects with investments of more than ₹15 crore and less than ₹50 crore. These projects worth ₹923.09 crore would generate jobs for 4,444 people in the state.

Four projects of additional investment have also been approved which will result in an investment of ₹852.73 crore and would generate 1,460 employment opportunities.

ABOUT THE AUTHOR
Yamini C S
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More