B'lore commerce chamber hails Bommai for the growth-oriented Budget

Hyderabad The Bangalore Chamber of Industry and Commerce (BCIC) has appreciated Chief Minister Basavaraj Bommai for presenting the growth-oriented welfare Budget for the Karnataka State. With the motto of "New Karnataka for New India," this budget specifically takes care of important areas in agriculture, healthcare, education, infrastructure, youth and startups.

"A big relief for the common man is that the State taxes on petrol and diesel prices will be kept constant for the next year. This to a large extent will tame price rise and inflationary pressures. Good outlay for infrastructure improvement and development of Bangalore, special incentives for setting up of semiconductor industries, encouragement for startups, setting up of plug and play global technology centres, priority for the safety and economic independence of women and many welfare measures, are all necessary and welcome in the current context. Good atmosphere is created for trade, commerce and industry to grow further. We appreciate it," KR Sekar, President, BCIC said.

The Karnataka Budget also focuses on conservation of culture, heritage and natural resources, comprehensive Bengaluru city development, new projects, and schemes to attract investments and more jobs to locals.