Ahead of Karnataka polls, Bommai govt keen to score high on investments

Of proposals worth Rs 9.8 trillion in last year's investors' summit, 52 per cent have been realised, so far, claim state officials

As Karnataka prepares for the Assembly elections, the Basavaraj Bommai government’s relentless efforts for a better investment report card appear to be benefiting the state’s industrial sector, even as it faces the Opposition’s criticism. During the recently concluded investor meeting, the state received investment proposals of around Rs 9.8 trillion, with projects worth 52 per cent of that amount already in the works.
 

A couple of days ago, the 61st meeting of the State High Level Clearance Committee, chaired by the chief minister, approved 18 projects with a total investment of Rs 75,393.57 crore; among those was a Rs 8,000-crore