Third year in a row, Karnataka remains on top in proposed investments
Till August, it garnered a potential investment of Rs 79,866 crore, which is nearly 60% more than what Gujarat received.
For the third year in a row, Karnataka is set to top the list of States attracting potential investments.
Till August, the State garnered a potential investment of ₹79,866 crore, which is nearly 60% more than Gujarat that received proposals for investment of ₹51,586 crore in the same period, according to investment intention data (Industrial Entrepreneurs Memorandum) from the Centre’s Department of Industrial Policy and Promotion. However, as past data has showed, realisation of these investments needs a major uptick in the State.
Officials said the figures represent the continued rise of the State in attracting investments. In 2013, it was ranked 11 with just ₹10,050 crore proposed investments in the whole year. By 2015, it ranked 4th. However, it was in 2016 and 2017 that Karnataka leap-frogged to the top of the list, becoming the only State to have received more than ₹1.5 lakh crore investments annually. “This calender year included around two months of election processes, which saw a slight slow-down of investments. However, we still have a few months left and we are reasonably confident of matching the investments we had seen last year,” said Gaurav Gupta, Principal Secretary, Commerce and Industries, adding that it was difficult to predict investments considering multiple, complex macro-economics factors such as market sentiments and bank lending.
While investment intentions continue to shoot up, data also shows that realisation of investment is lagging. Though the State had more than ₹3 lakh crore investment in 2016 and 2017, the realisation is just ₹11,617 crore, or less than 5%. This year, nearly ₹4,723 crore worth of investments have been realised.
However, Mr. Gupta said processes had been strengthened to enable realisation of these IEMs. “Every 15 days, there is a review of the projects so that the government can help in any way to see these investments translate on the ground. Things are bound to get better,” he said. The eco-system, particular when it comes to technology and innovation, remained strong in the State and this sees many tech-oriented investment being routed to Karnataka, he added.
Minister for Commerce and Industry K.J. George said there was a continuing effort to promote ease of business in the State, while the State government was open to new investments.
Courtesy: www.thehindu.com
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Jharkhand horror: Man kills live-in partner, chops body into 40 pieces
Ranchi (PTI): A 25-year-old man, who works as a butcher, allegedly strangled to death his live-in partner and chopped her body into 40 to 50 pieces in a forested area in Jharkhand’s Khunti district, police said on Wednesday.
The accused, identified as Naresh Bhengra, was arrested.
The matter came to light after around a fortnight after the killing when a stray dog was found with human body parts near Jordag village in Jariagarh police station on November 24.
Bhengra was in a live-in relationship with the deceased, a 24-year-old woman also from Khunti district, in Tamil Nadu for the past couple of years. Sometime back, he returned to Jharkhand, got married to another woman without telling his partner anything and went back to the southern state without his wife to join her.
"The brutal incident occurred on November 8 when they reached Khunti as the accused who had married another woman did not wish to take her home. Instead, he took her to a forest near his house at Jordag village in Jariagarh police station and chopped the body into pieces. The man has been arrested," Khunti Superintendent of Police Aman Kumar told PTI.
Inspector Ashok Singh who investigated the case said the man worked in a butcher shop in Tamil Nadu and was expert in slicing chicken.
“He admitted chopping the body parts of the woman into 40 to 50 pieces before leaving those in the forest for wild animals to feast on. The police recovered several parts on November 24 after a dog in the area was seen with a hand," Singh told PTI.
Singh said that the woman, who was unaware of his marriage, pressured him to return to Khunti. After reaching Ranchi, they boarded a train on November 24 and headed to the man's village.
"Under a plan, the man took her to Khunti in an autorickshaw near his home and asked her to wait. He returned with sharp weapons and strangulated her with her dupatta after raping her. He then cut the body into 40 to 50 pieces and left for his home to live with his wife," Singh said.
The woman, however, had informed her mother that she had boarded a train and would be living with her partner, the police officer said.
Following the recovery of body parts, a bag was also found in the forest with the murdered woman's belongings including her Aadhaar card. The mother of the woman was called at the spot and she identified her daughter's belongings.
"The mother suspected the man behind the crime who after being nabbed by the police admitted to chopping the woman into pieces," the official added.
The incident has sent shockwaves among people in the region, with the Shraddha Walker murder case of 2022 still fresh in their memory.
Walker was killed by her live-in partner who chopped her body into pieces before dumping them in the jungle in South Delhi’s Mehrauli.
