Udayavni Special

Karnataka GSDP may touch Rs 35 lakh crore in five year: Dy CM


PTI, Aug 16, 2020, 7:02 PM IST

 

Bengaluru: Karnataka’s Gross State Domestic Product (GSDP) may touch Rs 35 lakh crore in the next five years notwithstanding the COVID-19 pandemic impact, state Deputy Chief Minister Dr C N Ashwath Narayan said on Sunday.

The state, whose GSDP now stands at 15.35 lakh crore, has the potential to reach the Rs 35 lakh crore and the government was leaving stone unturned to make it a reality, Narayan, who holds the IT/BT and higher education portfolio, said.

‘The GDP of the state of Karnataka is growing sustainably amidst many challenges including COVID-19 and it may touch Rs 35 Lakh crore in the next five years,’ he said during an online platform ‘Feature Karnataka Summit-2020 organised by SpareTravel Media and Exhibition organisation.

The government has taken various measures to further strengthen agriculture, Information Technology, and Bio- technology, industry, production and service sectors which are the core areas of the state’s economy, he said.

Narayan said the state would build an industrial corridor in the stretch between Mysuru and Bidar to augment the development of industry and commerce.

About the measures taken to attract investments, he said the state had introduced the Land Reform Amendment Act, APMC Amendment Act and simplification of labour laws.

Top News

Oppn moves no-confidence motion against BSY govt

M’luru CCB notice to actor-anchor Anushree

Udupi: Rowdy sheeter hacked to death in broad daylight

Rakul Preet Singh has acknowledged summons, says NCB

Saudi Arabia has permitted outbound passenger flights to India: AI Express

Modi asks Kohli about Yo-Yo test

Delhi riots: Ex-JNU student Umar Khalid to be in judicial custody till October 22 under UAPA




Related Articles More

Oppn moves no-confidence motion against BSY govt

MLA Narayan Rao dies of COVID-19

Sensex crashes 1,115 points, Nifty tests 10,800

Shimoga: Three of a family killed in road mishap

M’luru CCB notice to actor-anchor Anushree

MUST WATCH

Udupi Krishna temple to be open for public from September 28 | Udayavani

‘Road Politics in Times of Pandemic’: St Aloysius Institution reacts to road renaming

Mangaluru Light House Hill Road renamed as Mulki Sunder Ram Shetty Road

Soraba : District Excise Department seized Millions worth of Marijuana | Udayavani

Hospet : Tungabhadra Dam Gates Are Opened | TB Dam | Udayavani

Latest Additions

Legendary former Australian cricketer Dean Jones passes away

Oppn moves no-confidence motion against BSY govt

MLA Narayan Rao dies of COVID-19

Sensex crashes 1,115 points, Nifty tests 10,800

Who is Sergei Torop, cult leader claiming to be reincarnation of Jesus arrested in Russia?

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.