TODAY -
Nearly half of Rs 10 lakh cr investments in Karnataka non-starters
Write Comment
E-Mail To a Friend
Facebook
Twitter 
Print
As much as 43 per cent of Rs 10 lakh crore investments in about 1,624 projects in Karnataka remain non-starters, Assocham today said.
The study by the apex industry body said almost 57 per cent of projects under implementation are at the MoU stage and a lot more needs to be done to facilitate them.
With a share of over Rs 3.84 lakh crore, manufacturing sector accounts for the lion’s share of 39 per cent of total live investments.
This is followed by services (24.6 per cent), real estate (15.2 per cent) and electricity (14.1 per cent), the strategy paper titled ’Achieving Higher Growth in Karnataka’ released by it said.
It was jointly released by Ravi Sanareddy, J Crasta, chairman and co-chairman, Assocham Southern Regional Council and national secretary general of the organisation D S Rawat.
"...Karnataka accounted for 7.1 per cent of total investments made by both government and private sectors in India as on December 2011," the study said.
While the private sector contributed about 55 per cent of total investments, the government accounted for the remaining 45 per cent, according to the strategy paper.
Having grown at a Compounded Annual Growth Rate (CAGR) of about 8.41 per cent between 2004-05 and 2009-10, the State Domestic Product (SDP) grew from over Rs 166 lakh crore to over Rs 249 lakh crore during the period, it said.
The state, however, lags behind Andhra Pradesh (8.7 per cent), Kerala (8.7 per cent) and Tamil Nadu (9.7 per cent) in terms of growth rate during the period under review.
The services sector accounted for over 55 per cent of SDP of Karnataka in 2009-10, clocking a CAGR of over 10 per cent during the course of five years, Assocham paper said.
Besides, agriculture and allied activities contributed about 15 per cent of State Gross Domestic Product (SGDP), registering a CAGR of about four per cent, while industrial sector accounted for over 28 per cent and expanded by over eight per cent CAGR.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
RELATED
ಕಾರ್ಕಳ ತಾಲೂಕು ಎರ್ಲಪಾಡಿ ಗ್ರಾಮ ಪಂಚಾಯತ್ ವ್ಯಾಪ್ತಿಯ ಉಮಿಕಲ್ ಬೆಟ್ಟದಲ್ಲಿರುವ ಪರಶುರಾಮ ಥೀಮ್ ಪಾರ್ಕ್ ಹಗರಣದ ತನಿಖೆಯನ್ನು ರಾಜ್ಯ ಸರಕಾರದಿಂದ ನಿಯೋಜಿತಗೊಂಡಿರುವ CID ತಂಡ ತನಿಖೆಯನ್ನು ನೆಡೆಸುತ್ತಿದ್ದು ಹಾಗೂ ಮಾನ್ಯ ನಾಗ ಮೋಹನ್ ದಾಸ್ ವಿಚಾರಣಾ ಆಯೋಗದ ತನಿಖೆಯ ಅಂತಿಮ ವರದಿಯನ್ನು ರಾಜ್ಯ ಸರಕಾರಕ್ಕೆ ಸಲ್ಲಿಸುವವರೆಗೆ ಯಾವುದೇ ಕಾರಣಕ್ಕೂ ಪರಶುರಾಮ ಮೂರ್ತಿಗೆ
ಉಡುಪಿ ಮೇ 9: ಈ ಬಾರಿಯ ಹತ್ತನೇ ತರಗತಿ ಫಲಿತಾಂಶ ಪ್ರಕಟಗೊಂಡಿದ್ದು, ಉಡುಪಿ ಜಿಲ್ಲೆ ಪ್ರಥಮ ಸ್ಥಾನ ಗಳಿಸಿದ ಶುಭ ಸಂದರ್ಭದಲ್ಲಿ ಉಡುಪಿ ಕ್ಷೇತ್ರ ಶಿಕ್ಷಣಾಧಿಕಾರಿಗಳಾದ ಡಾ. ಯಲ್ಲಮ್ಮ ರವರನ್ನು ಸ್ಪೋಕನ್ ಇಂಗ್ಲಿಷ್ ಕಲಿಸುವ ಮೂಲಕ ಕನ್ನಡ ಮಾಧ್ಯಮ ಶಾಲೆ ಉಳಿಸಿ ಆಂದೋಲನದ ಪ್ರವರ್ತಕರಾದ ಶೆಫಿನ್ಸ್ ಎಜುಕೇಶನಲ್ ಅಂಡ್ ಚಾರಿಟೇಬಲ್ ಟ್ರಸ್ಟ್ ಇದರ ನಿರ್ದೇಶಕ ಶ್ರೀ ಮನೋಜ್
The Muller Mini Convention Centre was abuzz with nostalgia and celebration as the esteemed Father Muller Medical College commemorated the 25th reunion and Guruvandana of the pioneering MBBS Batch ’99, the college’s first MBBS batch. Organized with meticulous care and reverence, the event was a testa
ಶ್ರೀ ಕೃಷ್ಣನ ಸ್ವರ್ಣ ರಥಕ್ಕೆ ಬೇಕಾದ ಚಿನ್ನವನ್ನು ತಮ್ಮ ತಮ್ಮ ಶಕ್ತ್ಯನುಸಾರ ನೀಡಲು ಉತ್ಸುಕರಾದ ಭಕ್ತರಿಗಾಗಿ ಖರೀದುಸಲು ಬೇಕಾದ ಚಿನ್ನದ ನಾಣ್ಯ ಸಂಗ್ರಹದ ಸ್ವರ್ಣಾಲಯವನ್ನು ಪರಮಪೂಜ್ಯ ಭಂಡಾರಿಕೇರಿ ಮಠಾಧೀಶರಾದ ಶ್ರೀ ಶ್ರೀ ವಿದ್ಯೇಶ ತೀರ್ಥ ಶ್ರೀಪಾದರು ಪೂಜ್ಯ ಪರ್ಯಾಯ ಶ್ರೀಪಾದರ ಅಪೇಕ್ಷೆಯಂತೆ ಇಂದು ದೀಪ ಬೆಳಗಿಸಿ ಲೋಕಾರ್ಪಣೆ ಗೊಳಿಸಿದರು .
ಎಸ್ ಎಸ್ ಎಲ್ ಸಿ ಪರೀಕ್ಷೆ ಉಡುಪಿ ಜಿಲ್ಲೆ ವಿದ್ಯಾರ್ಥಿಗಳ ಸಾಧನೆಗೆ ಶಾಸಕ ಯಶ್ ಪಾಲ್ ಸುವರ್ಣ ಅಭಿನಂದನೆ
Final Journey of Emilian Bridget D’Souza (80 years) | LIVE from Kemmannu | Udupi |
2 BHK Flat for sale on the 6th floor of Eden Heritage, Santhekatte, Kallianpur, Udupi
Obituary: Emilian Bridget D’Souza (80), Gudiyam, Kemmannu
Agricultural Land at Alevoor and Malpe (UDUPI) for Sale - Contact Direct to 9008199430.
Final Journey of Judith Lewis (91 years) | LIVE From Kallianpur
Rozaricho Gaanch April, 2024 - Ester issue
Final Journey Of Theresa D’Souza (79 years) | LIVE From Kemmannu | Udupi |
Invest Smart and Earn Big!
Creating a World of Peaceful Stay!
For the Future Perfect Life that you Deserve! Contact : Rohan Corporation, Mangalore.
Final Journey Of Joe Victor Lewis (46 years) | LIVE From Kemmannu | Organ Donor | Udupi |
Milagres Cathedral, Kallianpur, Udupi - Parish Bulletin - Feb 2024 Issue
Way Of Cross on Good Friday 2024 | Live From | St. Theresa’s Church, Kemmannu, Udupi | LIVE
Good Friday 2024 | St. Theresa’s Church, Kemmannu | LIVE | Udupi
Maundy Thursday 2024 | LIVE From St. Theresa’s Church, Kemmannu | Udupi |
Kemmennu for sale 1 BHK 628 sqft, Air Conditioned flat
Symphony98 Releases Soul-Stirring Rendition of Lenten Hymn "Khursa Thain"
Palm Sunday 2024 at St. Theresa’s Church, Kemmannu | LIVE
Final Journey of Patrick Oliveira (83 years) || LIVE From Kemmannu
Carmel School Science Exhibition Day || Kmmannu Channel
Final Journey of Prakash Crasta | LIVE From Kemmannu || Kemmannu Channel
ಪ್ರಗತಿ ಮಹಿಳಾ ಮಹಾ ಸಂಘ | ಸ್ತ್ರೀಯಾಂಚ್ಯಾ ದಿಸಾಚೊ ಸಂಭ್ರಮ್ 2024 || ಸಾಸ್ತಾನ್ ಘಟಕ್
Valentine’s Day Special❤️||Multi-lingual Covers || Symphony98 From Kemmannu
Rozaricho Gaanch December 2023 issue, Mount Rosary Church Santhekatte Kallianpur, Udupi
An Ernest Appeal From Milagres Cathedral, Kallianpur, Diocese of Udupi
Diocese of Udupi - Uzvd Decennial Special Issue
Final Journey Of Canute Pinto (52 years) | LIVE From Mount Rosary Church | Kallianpura | Udupi
Earth Angels Anniversary | Comedy Show 2024 | Live From St. Theresa’s Church | Kemmannu | Udupi
Kemmannu Cricket Match 2024 | LIVE from Kemmannu
Naturya - Taste of Namma Udupi - Order NOW
New Management takes over Bannur Mutton, Santhekatte, Kallianpur. Visit us and feel the difference.
Focus Studio, Near Hotel Kidiyoor, Udupi
Earth Angels - Kemmannu Since 2023
Kemmannu Channel - Ktv Live Stream - To Book - Contact Here
Click here for Kemmannu Knn Facebook Link
Sponsored Albums
Exclusive
An Open ground ‘Way of the Cross’ observed in St. Theres’s Church, Kammannu. [Live-Streamed]
Udupi Bishop Most Rev. Gerald Issac Lobo Celebrates Palm Sunday at Kemmannu Church
The architect of various Churches, Schools, Hospitals and Colleges….. Msgr Denis Jerome D Souza.
Konknani Writers’ Association Literary Award Conferred on Dr. Gerald Pinto
Celebrating Love Across Languages: A Valentine’s Day Special
Udupi: Kemmannu.com Journo Richard D’Souza Felicitated by Paryaya Sri, Sri Sugunendra Tirtha Swamiji.
Let the unity of senior players be an example to the youth - Gautham Shetty - Alfred Crasto Felicitation - Match Livestream.
Bali, Indonesia: Royal Singaraja Award to Mangalorean NRI Philanthropist Dr. Frank Fernandes. [Video]
MTC - Milagres towards Community – An Outreach program on 14th December, 2023
