‘Some proposals are a boon to Mysore industries'
MYSORE: The industrial sector here has generally welcomed the State Budget tabled in the Assembly by Chief Minister B.S. Yeddyurappa on Friday.
In a press release, the Mysore Industries Association (MIA) described some of the proposals as a boon to the industries here. Shreeshail Ramannavar, general secretary of the MIA, said the Government's decision to establish an export house in Mysore would give a fillip to the industrial sector in the region.
Some other beneficial features of the budget he pointed out include release of Rs. 600 crore for railway infrastructure development, life-time tax for transport sector, emphasis on employment generation, subsidy on selected commodities and establishment of large-scale steel production unit using better quality iron ore from the State.
Mr. Ramannvar thanked the Chief Minister for considering the plea of MIA and other stakeholders when they met Mr. Yeddyurappa prior to the budget seeking an export house for Mysore.
Suresh Kumar Jain, State vice-president of Laghu Udyog Bharati, said the budget had many salient features which would propel industrialisation.
Mr. Jain said the decision to develop 1,000 acres for industries through the Karnataka Industrial Areas Development Board was welcome.
BPO training institute
The decision to extend Rs. 100 crore for BPO training institute would help create more jobs, he said. He also welcomed the Government's decision to mark the centenary of Mysore Silk by sanctioning Rs. 2 crore for the construction of an auditorium. Another feature was training of workers, which would benefit almost one lakh people. He, however, expressed disappointment that there was no thrust on establishing industrial clusters or any reference to Mysore Industrial Area Authority.