Former Karnataka Assembly Speaker K R Pete Krishna no more
Bengaluru, May 21: Former Speaker of the Karnataka Legislative Assembly Krishna, popularly known as K R Pete Krishna, died at his Mysuru residence on Friday, sources close to him said.
Krishna (80), suffering from cancer, had undergone treatment at a private hospital in Chennai.
He is survived by wife and a daughter.
The last rites are likely to be performed at his native village Kottamaranahalli in K R Pete taluk of Mandya district on Saturday, sources said.
Krishna had served as Animal Husbandry and Sericulture Minister in S R Bommai cabinet and had represented K R Pete Assembly constituency thrice in 1985, 1994 and 2004 from Janata Party, Janata Dal and JD(S).
He had represented the Mandya Lok Sabha seat in 1996 and served as the Speaker of Karnataka Legislative Assembly from 2004-08.
Krishna was known as a simple and gentleman-politician.
Expressing condolences, Chief Minister B S Yediyurappa remembered Krishna's popularity among the people starting from his political career as a member of K R Pete Taluk Board, and the way he upheld the parliamentary values as a Speaker.
Former Prime Minister H D Deve Gowda, expressing grief, said he is deeply pained by Krishna's death.
Several Ministers of the State cabinet, JD(S) leader H D Kumaraswamy, State Congress chief D K Shivakumar have also expressed condolences, while Leader of Opposition Siddaramaiah travelled to Mysuru to pay his last respects.
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Karnataka offers extensive incentives in its proposed IT policy
Bengaluru (PTI): Karnataka has proposed a new Information Technology Policy for 2025–2030, offering extensive financial and non-financial incentives aimed at accelerating investments, strengthening innovation and expanding the state's tech footprint beyond Bengaluru.
The Karnataka Cabinet gave its nod to the policy 2025–2030 with an outlay of Rs 445.50 crore on Thursday after the Finance Department accorded its approval.
The policy introduces 16 incentives across five enabler categories, nine of which are entirely new, with a distinctive push to support companies setting up or expanding in emerging cities.
Alongside financial support, the government is also offering labour-law relaxations, round-the-clock operational permissions and industry-ready human capital programmes to make Karnataka a globally competitive 'AI-native' destination.
According to the policy, units located outside Bengaluru will gain access to a wide suite of benefits, including research and development and IP creation incentives, internship reimbursements, talent relocation support and recruitment assistance.
The benefits also include EPF reimbursement, faculty development support, rental assistance, certification subsidies, electricity tariff rebates, property tax reimbursement, telecom infrastructure support, and assistance for events and conferences.
Bengaluru Urban will receive a focused set of six research and development and talent-oriented incentives, while Indian Global Capability Centres (GCCs) operating in the state will be brought under the incentive net.
Incentive caps and eligibility thresholds have been raised, and the policy prioritises growth-focused investments for both new and expanding units.
Beyond incentives, the government focuses on infrastructure and innovation interventions.
A flagship proposal in the policy is the creation of Techniverse -- integrated, technology-enabled enclaves developed through a public-private partnership model inside future Global Innovation Districts.
These campuses will offer plug-and-play facilities, artificial intelligence and machine learning and cybersecurity labs, advanced testbeds, experience centres, and disaster-resistant command centres.
There will also be a Statewide Digital Hub Grid and a Global Test Bed Infrastructure Network, linking public and private research and development, and innovation facilities across Karnataka.
The government has proposed a Women Global Tech Missions Fellowship for 1,000 mid-career women technologists, an IT Talent Return Programme to absorb experienced professionals returning from abroad, and broad-based skill and faculty development reimbursements.
Shared corporate transport routes in Bengaluru and tier-two cities will be designed with Bengaluru Metropolitan Transport Corporation and other transport entities to support worker mobility.
The government said the policy is the outcome of an extensive research and consultation process involving TCS, Infosys, Wipro, IBM, HCL, Tech Mahindra, Cognizant, HP, Google, Accenture and NASSCOM, along with sector experts and stakeholder groups.
It estimates an outlay of Rs 967.12 crore over five years, comprising Rs 754.62 crore for incentives and Rs 212.50 crore for interventions such as Techniverse campuses, digital grid development, global outreach missions and talent programmes.
