Karnataka launches Engineering Research & Development policy; aims to create 50,000 new jobs
Bengaluru, Mar 2: The Karnataka government on Tuesday launched the Engineering Research & Development (ER&D) policy-2021, claimed to be the first such in the country, that aims to enable the state to contribute about 45 per cent to India's Engineering R&D during the policy period and create an additional about 50,000 new jobs.
Department of Electronics, IT, Bt and S&T, Karnataka Innovation and Technology Society (KITS), and NASSCOM were involved in drafting this policy after wider consultations with all the other participating stakeholders including the representatives of the industry, an official release said.
The five priority sectors of the policy include Aerospace & Defence; Auto, Auto Components & EV; Biotechnology (Bt), Pharma & Medical Devices; Semiconductors, Telecom, ESDM; and Software Products.
"The ER&D sector in the country is the fastest growing industry with a CAGR of 12.8 per cent. Meanwhile, the global Engineering Research and Development industry is expected to reach a spend of USD 2 trillion by 2025."
"Considering this scenario, this policy aims to prepare the state to make use of the future opportunities emanating from this sector," Deputy Chief Minister C N Ashwath Narayan said.
Karnataka is currently the leading contributor to the Indian Engineering R&D industry revenue, and the state is home to over 400 leading R&D Centres/GCCs (global capability centres), according to the DCM, who also holds the IT/Bt and S&T portfolio.
The policy aims to retain this position, generation of intellectual property (IPs), and to make this as a skilled knowledge capital.
The state, which has been at the forefront of technological innovation for a long time, has come out with this visionary policy after studying the industry trends, he said.
It intends to make Karnataka a preferred destination of choice for global MNCs, GCC, engineering service providers (ESPs) and to create a suitable ecosystem all across the state, he added.
The objective of the policy include- attract leading Engineering R&D entities to establish and/or expand in Karnataka, creating strong linkages between Industry and Academia, establishing and offering access to advanced testing, prototyping, and other innovation infrastructure, facilitate ER&D entities to adopt leading practices and gain marketing opportunities.
It also envisages developing a research-oriented skilled talent pool and fostering a knowledge economy, attracting Engineering R&D intensive investment into Karnataka, and to augment capacity by bridging the gap between engineering/ research talent and industrys technology needs, the release said.
The investments offered under the policy include- rental reimbursement for setting up/ expanding in beyond Bengaluru urban district, recruitment assistance for setting up/ expanding in beyond Bengaluru urban district, investment subsidy for setting up or expanding in beyond Bengaluru urban district.
The policy aims to develop Engineering R&D Future Skills Courses and promote the adaptation of these courses in state government engineering universities/ affiliated colleges.
According to the release, to promote internships to bridge the gap between academic skills and the needs of the Engineering R&D industry, the government will reimburse 50 per cent of the internship stipend for interns per entity, for a period of 3 months, up to Rs 10,000 per month per intern.
The entity will offer internships to 33 per cent women candidates and consider 30 per cent of the total interns into full-time employment, it added.
A new chapter in the enhancement of R&D in Karnataka!
— Dr. Ashwathnarayan C. N. (@drashwathcn) March 2, 2021
Delighted that Engineering R&D Policy 2021 has been launched in partnership with @nasscom in the presence of @kris_sg, Chairman, IT Vision Group, T.M.Vijay Bhaskar, Chairman, KAR, and officials from @ITBTGoK.
1/11 pic.twitter.com/vgQlBBsVEl
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Man dies on Bengaluru road of heart attack
Bengaluru (PTI): A 34-year-old mechanic has died after falling off a scooter on his way to a referral hospital, as the medical facility that diagnosed him to have suffered a heart attack did not provide necessary first aid, the family of the deceased claimed.
A CCTV video showing his injured wife pleading with passersby for help while her husband Venkataramanan lay on the road after falling from the two-wheeler on December 13 has gone viral recently.
According to the family, Venkataramanan complained of chest pain, and his wife Roopa rushed him on their scooter from their home in Balaji Nagar around 3.30 am to a private hospital where treatment was denied, citing the non-availability of a doctor, the family said.
Then, she took him to another hospital where ECG was done, which showed him to have suffered a heart attack. However they immediately referred him to the Jayadeva Institute of Cardiovascular Sciences. The family alleged that no basic treatment was provided there. On the way to Jayadeva hospital, Venkataramanan allegedly suffered chest pain again and the couple fell off the scooter, the family said.
In the CCTV video, injured Roopa can be seen pleading with passersby to help her husband reach the hospital, but no one responded until a cab driver stopped to check on them. With his help, she reached Jayadeva hospital, where doctors declared Venkataramanan brought dead, the family said. His family later donated his eyes.
