Karnataka clears investment proposals worth more than Rs 2,000 crore

The Karnataka government has approved 59 investment applications that promise to generate 9,764 employment totalingRs 2,627.88 crore.

The recommendations were approved at the 136th State Level Single Window Clearance Committee (SLSWCC) meeting, which was held on Monday and presided over by State Minister of Large and Medium Industries Murugesh R. Nirani.

Seven significant large and medium-sized industrial projects worth more than Rs 50 crore were reviewed and authorised by the committee. 3,860 individuals in the state are anticipated to get work as a result of these projects, which are valued at Rs 852.06 crore, according to a statement from the Minister’s office.

It stated that 48 new projects with investments totaling more than Rs 15 crore but less than Rs 50 crore have also been approved by the SLSWCC

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