Karnataka cabinet approves holding of global investors meet next year
Bengaluru, Jun 13: Karnataka cabinet on Thursday gave its approval for holding 'Invest Karnataka 2025', the Global Investors Meet, from February 12-14 here next year.
The cabinet headed by Chief Minister Siddaramaiah, which met for the first time after the Lok Sabha polls and completion of the Model Code of Conduct, also approved a proposal to procure the services of 'The Boston Consulting Group (India) Private Ltd. ' as the knowledge partner, for attracting investments in Karnataka, Law and Parliamentary Affairs Minister H K Patil said.
"The cabinet has given its approval to hold Invest Karnataka 2025, the Global Investors Meet (GIM) at Bengaluru's Palace Ground. To hold GIM at least 10-12 months time is required. So it has been decided to hold it from February 12 to 14, 2025," he said.
While briefing reporters about the cabinet decisions after the meeting, Patil said, "already Rs 75 crore was provided for this, and the cabinet today gave its approval to provide additional Rs 15 crore for this."
The cabinet also took stock of the implementation of tender proposals approved during the last 11 cabinet meetings from November 23, 2023 to March 14, 2024, and the Chief Minister directed officials to ensure that tenders are called and works start for all the approved proposals in a month's time.
According to the data, Patil said, out of 147 tender proposals approved by the cabinet during the said period, tenders have been invited for 94 proposals, 19 are under consideration, for 18, work orders have been given; in seven cases, work has been completed, and in 53 cases, tenders are yet to be invited.
"The cabinet took note of it seriously, and the Chief Minister through the Chief Secretary has directed officials that all the necessary measures should be taken to ensure that tenders are called for all the tender proposals approved by the cabinet and the work begins in the next one month's time," he added.
The other cabinet decisions include: administrative approval for the construction of new court buildings in Uttara Kannada district at an estimated cost of Rs 12 crore, and purchase of, new 112 fully built Bharat Stage (BS) IV 'Vegadoota' buses for Kalyana Karnataka Road Transport Corporation (KKRTC) and North Western Karnataka Road Transport Corporation - (NWKRTC), at an estimated cost of Rs 46.48 crore.
Topics like implementation of seventh pay commission and holding legislature session were informally discussed at the cabinet meeting, but no decisions were taken, the Minister said.
Patil said, discussions were also held regarding improving the governance, making the administration more stronger and people-friendly.
"On the whole regarding improving the governance, the Chief Minister gave several directions and guidance. Some of them were told to district Ministers, some of them were to bureaucrats through the Chief Secretary. He (CM) also suggested holding Janata Darshans and to respond to the needs of the people immediately....you will see the change and improvement in the whole administration." he added.
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Shehbaz Sharif says ceasefire extends beyond Iran, including “Lebanon and elsewhere”
Islamabad: Pakistan’s Prime Minister Shehbaz Sharif has said the ceasefire agreement between Iran, the United States and their allies extends beyond the immediate conflict and includes “Lebanon and elsewhere,” adding that it is effective immediately.
In a social media post, Sharif said, “I warmly welcome the sagacious gesture extend deepest gratitude to the leadership of both the countries and invite their delegations to Islamabad on Friday, 10th April 2026, to further negotiate for a conclusive agreement to settle all disputes.”
He said both sides had shown “remarkable wisdom and understanding” and remained constructively engaged in efforts aimed at peace and stability during the high-stakes mediation process.
“We earnestly hope that the ‘Islamabad Talks’ succeed in achieving sustainable peace and wish to share more good news in coming days,” Sharif added.
With the greatest humility, I am pleased to announce that the Islamic Republic of Iran and the United States of America, along with their allies, have agreed to an immediate ceasefire everywhere including Lebanon and elsewhere, EFFECTIVE IMMEDIATELY.
— Shehbaz Sharif (@CMShehbaz) April 7, 2026
I warmly welcome the…
