A smart city in Tumkur, textile park in Mysore and upgradation of the biotechnology park in Bangalore are some of the proposals made by the Modi government for Karnataka.
However, the State did not get any premier institutions such as IIT or AIIMS this time, even though Finance Minister Arun Jaitley announced the setting up of several such institutes in different parts of the country. The Karnataka Government had been pushing the Centre for reputable institutions to enable local students to pursue higher education.
Presenting the first General Budget of the NDA government, Jaitley on Thursday announced that Tumkur will have one of the three industrial smart cities to be developed in the proposed Chennai-Bangalore Industrial Corridor region. The master plan is expected to be ready by the end of the current financial year.
He also said that the perspective plan for the Bangalore-Mumbai Economic Corridor would be completed in this fiscal itself. Moreover, a new textile mega cluster will come up in Mysore, he said.
Apart from announcing the setting up of a new debt recovery tribunal in Bangalore, the minister also proposed to upgrade the biotechnology cluster in the City and bring it on a par with international standards. This will include global partnerships in accessing model-organism resources for disease biology, stem cell biology and high-end electron microscopy, he said.