February 1, 2023 5:53 PM

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Central assistance of Rs 5300 cr. for Upper Bhadra Project will rejuvenate drought-hit areas: Karnataka Minister Govind Karjola

<span style="color: #222222;">The Karnataka minister for Large and Medium industries  Murugesh R Nirani has welcomed Budget, saying that announcements made by Union Finance Minister Nirmala Sitharaman will enhance export competitiveness of marine products especially shrimps as Karnataka produces around 1000 tonnes of Tiger Shrimp annually. He added that relief in customs duty on import of camera lenses and concessional duty on lithium-ion cells and TV panel parts will support Karnataka's electronics manufacturing.<br />''<br />''The state Water Resources minister Govind Karjola has said that the announcement of central assistance of 5300 crore rupees for the Upper Bhadra Project will help rejuvenate the barren and drought-hit areas of the state and bring happiness to the life of farmers.<br />''<br />''The Federation of Karnataka Chamber of Commerce and Industries has welcomed the Union Budget. In a statement, the Federation has said that an additional corpus of 9000 crore rupees to MSME sector under the credit guarantee scheme and support given to the Tourism industry, setting up of unity malls and tourism centres in border villages are commendable.</span><br />

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