first_imgKarna budget proposes “Compete with China” schemeBengaluru, July 5 (PTI) A “Compete with China” scheme totake on Chinese made goods and spare parts was announced inthe state budget today by Karnataka Chief Minister H DKumaraswamy, who termed it as an “industrial revolution.”He said a total of eight lakh jobs are expected to begenerated in some districts under the scheme, for whichgovernment would provide Rs 14,000 crore investment in thecoming year.He said large-scale production of various commodities byChina, in great demand the world over, has resulted in solarpower goods, electrical lighting goods, bathroom fittings,electrical goods and electronic toys being available even forthe common man.The tremendous development in manufacturing in China inthe past two decades has seen goods from that country floodingthe Indian market, due to which industries are on the vergeverge of closure, he said.”In line with ‘Produce or Perish’ we are now requiredtoincrease our production. With this perspective, I am thinkingof implementing the Compete with China scheme,” hesaid.This envisages setting up a “Program Mission Unit” underthe leadership of successful entrepreneurs. Spare parts wouldbe manufactured at the village level, assembled at taluk leveland malls would be opened to market them, Kumaraswamy said.The Chief Minister, who also holds the Finance portfolio,outlined the scheme while presenting the Congress-JD(S)coalition government’s maiden budget.Quoting examples of programmes that can be implementedinvarious districts, based on resources and professional skillavailable in each area, he said Kalaburagi districtwould bedeveloped as “Bharath Solar District”.advertisement”The solar panel, inverters, capacitors and luminatorsfor the production of solar power will be produced only inKalaburagi district,” he said.Pointing out that the electrical light industryin Indiais valued at about Rs 46,000 crore, he said Chinese LED lightshaveoccupied this market and proposed that manufacturing ofhousehold LED lights be developed inChitradurga district.Other plans included one to develop Hassan district asbathroom floor tiles and sanitary goods manufacturing districtand setting up a cluster for manufacture of toys in Koppaldistrict to compete with Chinese mechanized toys.Noting that 80 per cent of global demand for ICBs andchips are met by Taiwan and that there was a huge demand forICB chips in India too, he said there are plans to set up amanufacturing unit at Mysuru.Emphasis will be given to thetextile industry in Ballaridistrict and a mobile phone components unit was planned to beset up at Chikkaballapur, he saidKumaraswamy saidgovernment planned to invest Rs 2,000crore in four years to set up a sports and fitness goods unitin Tumakuru district, with an im of creating one lakhjobs.To manufacture agricultural implements and protection ofagro products in Bidar district,government intended to provideRs 2,000crore capital in the next four years to companies whocome forward to manufactureagricultural implements.To implement these schemes,expert workers trained for sixmonths to two years are needed, for which training schoolswould be opened in the first phase, Kumaraswamy said.The budget has provided Rs 500 crore for training thisyear in seven districts and in the next four years, Rs 2,000crore would be given in the form of equity share capital toprivate institutes participating in this industry, he said.Private institutes would have to invest Rs 3,000crore,the Chief Minister said,adding, there would thus be a total ofRs 5,000 crore investment for each district.”By this industrial revolution, a total of eight lakhjobs will be generated in each district. An investment of Rs14,000 crorewill be provided by the state Government inthecoming year,” he added. PTI KSU RA APRAPRAPRAPRlast_img

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