BANGALORE: The Karnataka government has signed a memorandum
of understanding (MOU) with Bangalore Chamber of Industry and Commerce
(BCIC) with an object of giving a fresh thrust to economic development
in Karnataka and creating a brand identity for the state at the international
level.
The government has faced a lot of criticism from the
doyens of industry recently over issues like the cessation of the
BATF (Bangalore Action Taking Force), the poor quality of infrastructure
in the state, et al. Some of the IT giants have even shelved Karnataka
based expansion sighting the poor conditions in the state as reason.
The MOU highlights the promotion of small and medium
scale industries and enterprises through policy changes, creating
a better and dependable infrastructure at par with world standards
along with a host of other proposals.
The message the government wants to convey through
the branding is that the policies of the coalition government are
in favor of industry, mobilizing investments and helping in employment
generation. It also tries to hold the earlier perception for its progressive
ideological and pragmatic outlook.
