Like farm sector, MSMEs should get soft loans, say trade bodies on Karnataka budget

Like farm sector, MSMEs should get soft loans, say trade bodies on Karnataka budget

A file photo of the food park in Tumakuru. Karnataka has over 6.5 lakh industries, largely comprising MSMEs. Karnataka Budget 2023-24 is a mixed bag and one of missed opportunities for micro and small-scale industries given that it is an election-eve budget, said K.N. Narasimha Murthy, president, Karnataka Small Scale Industries’ Association (KASSIA). Expressing its […]

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Karnataka Budget 2023-24: Projects worth ₹9,698 crores announced for comprehensive development of Bengaluru

Karnataka Budget 2023-24: Projects worth ₹9,698 crores announced for comprehensive development of Bengaluru

Ahead of the upcoming Assembly and Bengaluru civic body polls, Chief Minister Basavaraj Bommai-led BJP government in Karnataka has announced ₹9,698 crore-worth projects in the State Budget 2023-23 for comprehensive development of Bengaluru city. On Friday, in his Budget speech, Mr Bommai said that under the Amrutha Nagarothana Scheme, works worth ₹6,000 crore are being […]

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Bouyant economy helps Karnataka CM present revenue surplus budget with outlay of ₹3 lakh crore

Bouyant economy helps Karnataka CM present revenue surplus budget with outlay of ₹3 lakh crore

Karnataka Chief Minister Basavaraj Bommai presents the State budget in Vidhana Soudha, in Bengaluru on February 17, 2023. Aided by a buoyant economy, Karnataka Chief Minister Basavaraj Bommai presented a ‘please-all’ revenue surplus budget with no tax hike on February 17, less than 100 days ahead of Assembly elections in the State. The budget outlay […]

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