SLSWCC approves ₹6,825.93 crore investment proposals to create 18,600 jobs across Karnataka
GS3Economy · S&T · Environment · Security· Industry, investment & MSMEs· Prelims·
Industrial policy and economic decentralization: a GS3 case study on mitigating urban-centric growth.
Why in news
The State-Level Single Window Clearance Committee (SLSWCC) approved 147 investment proposals totaling ₹6,825.93 crore to foster regional industrial development in Karnataka.
Background
The SLSWCC approved 36 major and 108 smaller projects across sectors including semiconductors and food processing. The investment is projected to create 18,600 jobs across Karnataka to boost growth beyond Bengaluru.
Facts for Prelims
- FactTotal investment approved by SLSWCC: ₹6,825.93 crore
- FactTotal jobs expected to be created: 18,600
- FactNumber of investment proposals approved: 147
- FactKey industrial sectors included: semiconductors and food processing
Prelims practice question
With reference to the investment proposals approved by the SLSWCC in Karnataka, consider the following statements:
- The investment is projected to create 20,000 jobs across the state.
- The total investment approved amounts to ₹6,825.93 crore.
- The committee approved a total of 147 investment proposals.
Which of the statements given above is/are correct?
- (a)2 only
- (b)3 only
- (c)1 and 3 only
- (d)2 and 3 only
Show answer
Answer: (d) 2 and 3 only — Statements 2 and 3 are correct. Statement 1 is incorrect: The investment is projected to create 18,600 jobs.
For Mains
Q. Discuss how single-window clearance mechanisms and regional industrial policies can mitigate urban-centric economic imbalances in developing states.
Dimensions to cover in your answer
- Spatial inequality: Addressing the concentration of industrial capital in tier-1 cities like Bengaluru
- Regulatory efficiency: Reducing 'red tape' through streamlined single-window clearance for diverse industrial sectors
- Employment generation: Linking industrial investment to large-scale job creation in rural and semi-urban clusters
Keywords: Single Window Clearance · Regional Development · Industrial Policy · Job Creation · Economic Decentralization
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This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.