General• Updated
State panel clears 147 new projects worth over six thousand crore rupees
Reported by Faizan Khan (Staff Writer) · The Hindu - National ·
UPDATE - follow-up to Karnataka: Single-window clearance committee approves 147 projects worth ₹6,826 cr.: The State-Level Single Window Clearance Committee has approved 147 new investment proposals worth ₹6,825.93 crore to push industrial growth across the region.
Investment Breakdown
Large and Medium Industries Minister M.B. Patil chaired the 161st meeting where the panel cleared these projects, with 131 proposals set up outside Bengaluru Urban and Bengaluru Rural districts. The approved ventures will generate an estimated 18,600 jobs in total.
Major Projects
The proposals feature 36 major projects worth over ₹50 crore each, totaling ₹4,507.71 crore and creating 12,074 jobs. Another 108 new projects worth between ₹15 crore and ₹50 crore will bring in ₹2,238.37 crore and add 6,526 jobs, alongside three existing projects adding ₹79.85 crore.
Context
Single-window clearance panels are set up by state governments to fast-track business approvals and reduce paperwork for investors. Directing these projects to districts outside the main capital helps spread economic growth and employment to smaller towns.
What changed since yesterday
- Karnataka clears 147 new industry projects worth over six thousand crore rupees
Latest
State panel clears 147 new projects worth over six thousand crore rupees
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