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Sectoral development and planning of Karnataka .

Sectoral development and planning of Karnataka . .

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Sectoral development and planning of Karnataka .

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  1. Sectoral development and planning of Karnataka. In 1947, after India won independence, India’s prime minister, Jawaharlal Nehru, designated Bangalore as country's intellectual capital city. The government made Bangalore the headquarters for its aerospace company and defense research labs. This was a strategic defense reason. First, it was far from the Indo-Pak border compared to other metropolitan cities like Delhi and Mumbai.

  2. Karnataka is one of the most economically developed states of India, Agriculture and industry is the backbone of the business and economy of Karnataka. Karnataka has large reservoirs of minerals, and large tracts of land, suitable for cultivation. The topography of Karnataka is highly suited for agricultural activities as it has a suitable climate, soil for growing crops. Karnataka is highly dependent on the monsoon for its agriculture.

  3. With many of the major information technology conglomerates setting up offices in and around Bangalore and Mysore, the whole state has been flourishing economically. Bangalore, is known as the Silicon Valley of India with a lot of IT companies operating in this region. The IT revolution has spearheaded a service sector boom in the state. By 2003, the services sector contributed approximately 50 percent to the state's GDP

  4. In State Budget 2010, after the worldwide decline and sluggish downward trend of the Indian economy, the gross state domestic product (GSDP) of Karnataka is predicted to be 5.5 percent this financial year (2009-10) which is high as compared to (2008-09) which was 4.5 percent.The Karnataka’s grossincome is predicted to be Rs.189,773 crores this financial year 2010 and in the last year Rs.179,189 crore, according to the Survey Report

  5. The growth in GSDP of secondary and tertiary sectors is anticipated to be 7.5 percent and 6.2 percent respectively. The per capita income is projected to be at Rs.32, 411 this fiscal as against Rs.31, 041, a growth rate of 4.4 percent compared to 3.4 percent last fiscal.”The growth mechanized sector was 10.95 percent, mining 11.27 percent, energy sector and 5.45 %.Karnataka logs $17-bn software exports despite meltdown

  6. Defying the global meltdown, Karnataka earned $17 billion (Rs.74,929 crore) from software exports last fiscal (2008-09) as against Rs.60,800 crore the previous year, registering a 23 percent growth in rupee terms and 21.5 percent in dollar terms.

  7. Software Technology Parks of India (STPIs): Karnataka state (working with central government) was the first Indian state to set up a STPI unit in 1991. The creation of Software Technology Parks enabled focused deregulation and incentives – such as tax incentives, plug-and-play infrastructure, streamlined approvals, and exemption from restrictive foreign exchange and excise provisions. STPIs provide high-speed data communication services, incubation facilities, financial incentives, concessions, and procedural waivers.Land allocation: Since land is a state level subject, the government has come up with innovative policies and incentives to attract investment from firms. Labor Laws: Labor laws have been amended to allow 24/7 operations and labor-related procedures have been simplified,

  8. Karnataka aims to become power surplus in five yearsEnergy-starved Karnataka, a hub for software, biotechnology and other sunrise industries, has set an ambitious target of becoming a power-surplus state in the next five years with the addition of about 6,000 MW generation capacity. "With demand exceeding supply, the state is facing a crunch in meeting the growing requirement for power across the state from utilities and end-users.

  9. The Government of Karnataka has always been a strong advocate of Industrial liberalization. The industrial policies of the Government of Karnataka have reflected the Government's strong desire to usher in an environment of successful business propositions. The efforts are paying off:Statistics reveal the industrial sector in Karnataka will witness an upsurge with investments to the tune of Rs 60,000 crores

  10. Despite pumping enormous funds into the Agricultural sector, the Vice-Chancellor, University of Agricultural Sciences (lamented that due to the country's failure to register four per cent growth in agriculture sector as targeted in the 11th Five-Year Plan, the growth rate was just under two per cent. About 90% of the farmers in the state are still debt-ridden. 75%farmers on an average own a mere 1.6 hectares of land. The annual income is much less than that of a daily wager. Subsidized seeds and farming equipment should reach the intended beneficiaries while a comprehensive policy for the growth of farmers should be drafted

  11. The communication sector is predicted to emerge as a strong growth-driver of the economy, with a contribution of 15.4 per cent. This sector has also had a significant impact on the employment in the country. The study predicts that the sector will generate an additional 8.5 million jobs by 2014-15, taking the total number of jobs in the sector to 10.3 million, says the NCAER study

  12. AbhijitSen, member of Planning Commission, said that the bad management of food grains and a high economic growth rate, particularly in the non-agricultural sectors, led to the spiraling prices of food grains. “The failure of food management by the Government led to the widening of gap between demand and supply,” he said.

  13. Prof. Sen said the economic growth rate of nine per cent led to increased demand for food grains and the supply of commodities was hit on account of decline in food production due to drought last year.In Karnataka, Schedule Tribes (ST) account for 6.55 percent (3.46 million) of the total State population,. Bellary district has the highest concentration of STs in Karnataka. There are 50 major tribes with 109 sub-tribes in the State

  14. In Karnataka, as in other parts of the country, the Scheduled Castes are largely concentrated in the rural parts of the state. Almost 75 per cent Live in villages and depend agriculture-related activities for subsistence. Those who have migrated to cities have taken up occupations such as construction work, street sweeping and other manual labor, which again are not very remunerative.

  15. In 1999-2000, the monthly per capita expenditure among SCs in rural Karnataka was Rs.419 which was much lower than the OBCs (Rs.507), others (Rs.560) and a little higher than STs (Rs.404). If SC girls are enabled to remain in school, then their performance will be exemplary. Overall the housing conditions of SCs have improved considerably, primarily because of the massive efforts of the Government in providing houses through various housing programmes such as Ashraya, Ambedkar Housing Programme, IndiraAwasYojana, NeralinaBhagya, etc. over the last 25 years.

  16. The greatest single issue that comes into focus is the wide gap between the Scheduled Castes and the general population in almost all human development indicators. Poverty reduction programmes must focus on social empowerment instead of being stand-alone programmes. The low enrolment of SCs in tertiary and professional education is a matter of concern.

  17. The urbanization of the state has thrown up a number of challenges. The redistribution of political power away from the villages, the migration of large numbers of people to cities during the last two decades, the size and economic role of Bangalore have both become disproportionately high within the state.City of Bangalore alone has 35 of the 224 assembly seats. This has created a self-fulfilling cycle by which even more new investment and migrants are attracted to the Bangalore Metropolitan Region.

  18. Karnataka Tourism: Poised for growth As per the latest statistics revealed by the department of tourism, Karnataka ranks fourth nationally with 27 million domestic arrivals and 0.62 million international arrivals making it the seventh most-visited state in India. However, there still remain unsolved issues concerning infrastructure, connectivity, sanitation and conservation of both natural and historical heritage The State has a chain of quality educational institutions of international repute which have made our country proud by their contributions, and also have made our state a “Destination for Higher Education” for students, not only from our country even from abroad.

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