Wednesday, August 17

Karnataka is powering technology-based development, says CM Bommai




Karnataka Chief Minister Basavaraj Bommai on Friday said the state has been powering the technology-based development and this will be the biggest contribution to the development of the country.


This came while speaking at a conclave “What India Thinks Today Global Summit-2022” organised by the TV9 Network in New Delhi.


At the event, the chief minister said that Karnataka has been identified as the growth engine of the country and it has a long history of technological development.


“Karnataka is home to the largest number of premier institutions in aerospace, defence and industrial production both in the public and private sectors,” he said.


Highlighting Karnataka’s importance in the country’s economy, Bommai said most of the leading R & D Centers ranging from IT and BT to Artificial Intelligence are in Bengaluru.


“Karnataka is the state with the highest number of R & D Centers. About 400 out of the 500 fortune companies have their presence in Bengaluru. Karnataka is leading others in IT, BT, aerospace and startups,” Bommai said.


On being asked about the benefits of double engine government, Bommai said, “Double engine government is definitely beneficial. Many works would have smooth sailing if the doors of Delhi are open. Policies are framed in Delhi, it is the international gateway, only a double engine government can pave the way to attain international level.”


The Chief Minister further said Prime Minister Narendra Modi is a leader with a long-term vision. He has accorded priority for skills development.


“Karnataka is rich in skilled manpower. The Prime Minister has changed the perception of seeing the huge population as a burden to seeing it as an asset terming it as a ‘Demographic Dividend’. The Karnataka state is reaping huge gains from demographic science and its achievement is attracting other states too,” Bommai said.


The chief minister further added that the defence sector has a big presence in the state under the Aatma Nirbhar Bharat mission.


“DRDO has many research centers in Karnataka, it is the first state to have signed MoUs with leading Semiconductor companies. The state would soon start manufacturing semiconductors. This is our strength. So the Double Engine Government is bound to bring huge benefits to the state,” he said.


“We have the highest number of startups and unicorns. The policies being framed in Delhi have had a direct impact on Karnataka,” Bommai said.


Further, he said PM Modi’s concept of ‘Minimum Government, Maximum Governance’ is the new model of growth.


“Karnataka’s ecosystem, R & D base, and skilled manpower have proved ideal for setting up and growth of startups,” Bommai said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor





Source link