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A Well Drafted Karnataka State Budget

Vineet Verma, President, Bangalore Chamber of Industry & Commerce shares his views on recently announced Karnataka State Budget.

BY Realty+
Published - Monday, 10 Mar, 2025
A Well Drafted Karnataka State Budget

With a strong focus on industrial development, welfare schemes, infrastructure, education, Agriculture, Tourism and healthcare, the State Government has addressed most concerns and has formulated well-drafted strategies in the larger interest of the industry in Karnataka.

The expansion of the Bengaluru Metro network, particularly with improved connectivity to Devanahalli, will significantly contribute to easing vehicular congestion. Additionally, the ‘Brand Bengaluru – Green Bengaluru’ initiative, which focuses on reviving lakes and accelerating the land allocation and acquisition process for airports will systematically enhance connectivity and improve the ecology throughout the State in a meaningful and effective manner.

The proposals to introduce the Karnataka Employer’s Compliance Decriminalization Bill and the Karnataka Employer’s Compliance Digitization Bill, will make Karnataka the first state in India to decriminalize employer violations and fully digitize compliance processes, thereby creating a business-friendly environment for industry.

Overall, the Government has made a sincere effort to ensure that every citizen of the State benefits from a variety of government schemes through this Budget.

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