Karnataka-based company and industry heads commended the budget introduced by Chief Minister BS Yediyurappa on Monday, as the nation struggles to recuperate from setbacks because of the pandemic. Kiran Mazumdar Shaw, Executive Chairperson, Biocon, stated,”The Karnataka Budget for FY 2021-22 is a great one, which covers all of the vital needs of this nation and also Bengaluru city. It’s heartening to find that the purposeful push supplied to the medical industry from the Budget. The up-gradation of 250 PHCs (primary healthcare centers ) from Karnataka as’version centres,’ commencement of an’antimicrobial immunity unit’, in addition to, various steps to reinforce medical infrastructure at the nation will go a long way in making health care accessible and affordable.”

She noted that the Budget cites boosting tele-ICU centers to deliver medical experience closer to the strategies to install’Janarogya’ centers in over 55 Bengaluru wards. The Budget has also made an allocation of Rs 7,795 crore for its thorough development of Bengaluru town, including advancement of BBMP-run colleges, developing a better public transportation system, reviving tanks, and growing tree parks”

She added,”Having spelled out its aims, I expect the authorities will now walk the conversation by increasing the required funds to execute these programs just and in a timely way.”

Perikal M Sundar, President of Federation of Karnataka Chambers of Commerce and Industry, stated that FKCCI is pleased that the long pending demand of debut of this Karasamadhana Scheme was allowed. The financial provision has also been created for 2 Mega Industrial Townships and Peenya Industrial Township. Industrial clusters are suggested at Bidar and Nippani, which will definitely result in employment creation. The government has made a supply of enterprise capital of Rs 100 crore for startups in Bangalore, that’s the national hub for startups.”

KASSIA also welcomed agricultural implements and manufacturing clusters in Bidar within their announcement.

Isaac Vas, President of Kanara Chamber of Commerce and Industry said the government has introduced a Budget which emphasises women empowerment, agriculture, tourism, and irrigation from the nation. He explained,”Action to present a statement to reconstitute Coastal Development Authority since Coastal Development Board is welcome. It’s estimated that this Board will occupy development of our area in regions that are distinct from the remainder of Karnataka.”

He added,”Establishment of Advanced Biotech research center for usage of seaweed along with other components in fish products in the food business, will encourage cyclists in our district to carry up seaweed cultivation that has enormous export potential and prosperity and employment creation in our area.”

He praised the government for presenting financing facility around Rs two crore in a subsidised rate of 4 percent to women entrepreneurs in the service industry, and for providing encouragement to self Help Group by way of various schemes which may encourage employment in rural regions.