Bengaluru, March 16 : Karnataka Chief Minister Basavaraj Bommai expressed confidence that the state would contribute $1.5 trillion to realise Prime Minister Narendra Modi’s dream of making India a $5 Trillion economy. “By 2025 the economy would have attained pace and buoyancy. I am confident of Karnataka making a significant contribution of $1.5 Trillion to realise Prime Minister Modi’s dream of making India a $5 Trillion economy,” he said at the ‘Vision of Karnataka 2025’ conclave. The conclave was organised by the Federation of Karnataka Chambers of Commerce and Industry. With financial discipline and planning, there would be growth in the Agriculture, Industry and Services sectors, which would double the GDP, CM said. “I have given greater impetus for economic growth in this year’s budget. The size of the budget has been increased by Rs 19,000 crore. Even the experts had not expected this. It was predicted that the budget would be loaded with freebies as it is a pre-election budget. But we have come to the rescue of those who help the state. We have extended a helping hand to those who toil under the hot sun,” Bommai said late Tuesday evening. Infrastructure projects like roads, railways, airports and ports have received a big boost, he said. Special Investment Regions would come up at Dharwad and Tumakuru and Food Parks would be set up in every district, Bommai said. The Chennai-Mumbai Corridor, Textile Parks at Gulbarga and Vijayapura would lay a strong foundation for sustained economic growth, he said. CM also stressed the need for equity in economic growth. “Special emphasis has been given for the development of Bengaluru. Peripheral Road has been approved and the tendering process is on. Packages have been finalized for Ring Roads in all cities. STRR from Dabaspet to connect with Chennai Highway and Mysuru road would be taken up. Metro is being extended. Tenders have been invited for the Suburban Rail project” he said. The government is laying a strong foundation for a bright economic future, Bommai said. BDN SY 1307
