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64 Initiatives value ₹3587 crore get accepted in Karnataka

Karnataka has accepted 64 tasks totalling investments of ₹3587.67 crore on Friday. These tasks are projected to generate employment for roughly 13,896 individuals throughout the state.

The 146th State-Degree Single Window Clearance Committee (SLSWCC) accepted these tasks. Among the many notable approvals are proposals from Worldwide Battery Firm India Personal Restricted and River Mobility Personal Restricted, which plan to speculate ₹390 crore and ₹306.9 crore respectively.

The accepted tasks would enhance equitable investments throughout numerous state areas, significantly benefitting the districts of North Karnataka.

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Industries minister M B Patil who chaired the assembly has highlighted that the committee accepted 13 main tasks categorised as massive and medium tasks with capital investments surpassing ₹50 crore. The full funding quantities to ₹2046.39 crore and is predicted to create employment for round 7,199 individuals. 

Moreover, 47 new tasks with investments starting from ₹15 crore to ₹50 crore had been sanctioned, totaling ₹1058.55 crore. 4 extra capital funding schemes, amounting to ₹482.73 crore, had been additionally accepted, which is able to create employment alternatives for about 150 individuals.

The assembly was attended by a number of key officers, together with Dr. Shalini Rajneesh, IAS, Further Chief Secretary & Improvement Commissioner, Authorities of Karnataka; Shri Selvakumar S, IAS, Principal Secretary, Division of Commerce and Industries; Gunjan Krishna, IAS, Commissioner for Industrial Improvement and Director, Division of Commerce and Industries; Dodda Basavaraju, MD of Karnataka Udyoga Mitra; Darshan H.V, IAS, Director of Electronics, IT/BT and different senior officers from numerous departments.

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