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70% of Karnataka industries resume work amid lockdown
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SME Times News Bureau | 21 May, 2020
About 70 per cent of industries across Karnataka resumed operations
after restrictions were relaxed during the extended lockdown, an
official said on Thursday.
"About 70 per cent of industries have
resumed operations in the state after restrictions of the guidelines
were relaxed since May 4 when the lockdown was extended for the third
time till May 17," an official told IANS after Chief Minister B.S.
Yediyurappa reviewed the functioning of the state industry department
with Minister Jagadish Shettar and top officials here.
Industrial
activity across the southern state was halted abruptly when the 21-day
lockdown was suddenly enforced from March 25 to April 13 to contain the
Covid spread and extended thrice since then up to May 31, with its norms
eased in every phase to revive the economy battered by the pandemic.
"The
department is drafting a special incentive scheme to attract
investments from across the country and overseas, especially from China
where industries have evinced interest in setting up their operations in
other countries like India in the post-Covid period," said the
official.
The state government has set up a special task force to
attract global firms keen on relocating their operations from China
after their functioning was affected by the coronavirus spread in the
mainland.
"The state government had also amended the Land Reforms
Act in March to simplify the procedure for buying land by prospective
industrialists and investors in the state, recalled the official.
On
Prime Minister Narendra Modi's directive, the state government has told
the districts to simplify the land acquisition process for
entrepreneurs and investors.
"Measures have been taken to
simplify the process of setting up industries at every district level
for job creation and economic recovery by turning the Covid challenge
into an opportunity," asserted the official.
On the Central
government's advisory, 22 manufacturing companies have been producing
PPE (personal protection equipment) kits since the lockdown began in
March third week.
"Similarly, four firms are manufacturing
ventilators and about 40 distilleries have been granted licence to make
sanitizers to minimize their import from China and other countries.
The
Chief Minister also reviewed the performance of the labour department
and directed it to register all workers from across the state and other
states with the unorgainsed labourers' welfare board.
State
Labour Minister Shivaram Hebbar, Shettar and Chief Secretary T.M. Vijay
Bhaskar participated in the review meeting along with senior officials.
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| Customs Exchange Rates |
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Import |
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US Dollar
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53.40 |
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