Karnataka to hold global investors meet in November 2022: Murugesh Nirani
Bengaluru, Sep 24: Karnataka will host a global investors meet (GIM) in November 2022 to attracting more investments and job creation, State Minister of Large & Medium Industries Murugesh Nirani said on Friday.
The State government plans to set up a bulk drug-manufacturing park in Yadgir district, he said.
The Minister was replying to a question raised by Congress MLA from Chittapur Priyank Kharge during Question Hour in the Legislative Assembly.
"We are organising a global investors meet in November 2022 called 'Invest Karnataka' to attract more investments and push industrial growth," Nirani said.
The Minister's office, in a press release, said the GIM would be held between November 2 and 4, 2022.
"I will hold a discussion with Chief Minister Basavaraj Bommai again and confirm the date, it quoted him as saying.
On the drug park, he said the government would set it up in collaboration with the Centre.
The Central government will provide Rs 1,000 crore grant to set up the bulk drug park and Karnataka is one of the three States chosen for this project, he said, adding that already about 1,500 acres of additional land are being acquired near Kadechur in Yadgir district for this, and there is also plan to have ATP and waste water treatment plant there.
Pointing at Tata Nano opting for Gujarat in 2010, Minister Nirani said the company couldn't invest in the State due to lack of a land bank.
Then Chief Minister B S Yediyurappa had discussed with the company chiefs to bring it to Dharwad, but the company moved to Gujarat as 1,000 acres of land were not readily available at the right time. So, we introduced the land bank concept which helped many industries set up shops here, he said.
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Melania Trump joins her husband in backing a meme coin
Washington (AP): Melania Trump is out with her own cryptocurrency token, days after her husband and US President-elect Donald Trump launched a meme coin of his own.
The incoming first lady launched the meme coin with posts on her social media accounts on Sunday while her husband's rally was underway in Washington.
Trump's coin soared in value after it was announced late Friday, potentially boosting his net worth as he prepares to take office.
Some crypto enthusiasts hailed the Trump meme coin's release, saying it's symbolic of the incoming president's support for an industry that felt unfairly targeted by the Joe Biden administration.
Trump has promised to usher in crypto-friendly regulations and picked crypto cheerleaders for key government positions.
Critics said the Trump meme coin could be a dangerous way for special interests and foreign governments to try and buy influence with the president.
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