1. Arun Jaitley asks state to boost manufacturing sector

Arun Jaitley asks state to boost manufacturing sector

Finance minister Arun Jaitley on Wednesday urged the Karnataka government to boost its manufacturing sector to fuel the country’s growth further.

By: | Bengaluru | Published: February 4, 2016 12:42 AM

Finance minister Arun Jaitley on Wednesday urged the Karnataka government to boost its manufacturing sector to fuel the country’s growth further. While appreciating the state’s efforts for grooming first rate human resources in the country, he said Karnataka needs to grow 2-3% higher than the rest of the country so that India’s desired GDP growth could be achieved.

“Karnataka should concentrate on attracting more investments in the manufacturing sector to ensure

its state GDP grows two-three percent more than the country’s growth rate,” Jaitley said after inaugurating Invest Karnataka 2016, the global investors meet (GIM) organised by the state here. The manufacturing sector creates more jobs and helps in India’s growth, he said.

“I urge chief minister Siddaramaiah and state industries minister R V Deshpande to take manufacturing growth as a challenge because every rupee invested in the state would contribute to the country’s growth,” Jaitley said on the occasion.

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