When the chief minister of the state also holds the finance portfolio, the state benefits on both fronts. This has been visible in the government’s Invest Karnataka initiative, which has taken renewed steps for ease of business. But the vision of the future, is partnership with the industry.
As part of their efforts to ensure industry related reforms and ease of doing business, the government has allowed Kalyani Steels to purchase land privately from farmers for its Rs7,500- crore steel plant expansion plan in Koppal district. And now the government is planning a thorough industry-government collaboration and partnership for growth.
Chief Minister Siddaramaiah has said, “we will explore setting up an Industry-Government Partnership Entity, which can provide and promote a host of services under the ‘Invest Karnataka’ brand”.
In the last two and a half years, government has brought out several policies to strengthen industrial growth of the state like industrial policy, I4 policy, and startup policy. This approach of taking the industry along, is a step ahead of the start-up. This is a beginning for a start- together.