Karnataka unveils booster kit for startups

July 26, 2016

Bengaluru, Jul 26: In a bid to boost the startup ecosystem, the state government on Monday unveiled the Startup Karnataka Booster Kit to provide easy access to necessary software tools and services.

Priyank
Startups can get software tools and services such as cloud credits, debugging and testing tools, legal and accounting consultants and mentor service by registering with the Startup Cell set up under the Karnataka Biotechnology and Information Technology Services (KBITS).

The registered startups will also be assisted in getting various benefits, offered as per the Karnataka Startup Policy 2015-20, Minister for IT & BT Priyank Kharge told reporters.

“The Startup Cell is a one-stop shop for startups across all sectors. The government has tied up with several big companies like IBM, Amazon, Microsoft BizSpark,

Keonics, BSNL, Vodafone and Citrus to extend the services to startups. We have set a target to stimulate the growth of about 20,000 technology-based startups by 2020,” Kharge said.

A startup can register with the cell by logging on to www.startup.karnataka.gov.in

Pumping in moolah

Kharge said the government has planned to fund about Rs 400 crore in the next four years to assist sector-specific startups.

Besides, the department has set up a Fund-of-Funds with an allocation of Rs 200 crore for investing in venture funds that finance technology-based startups.

The minister said a portion of the Fund-of-Funds will be utilised for the angel-stage funding. An investment committee comprising officials and representatives from the industry will be set up to clear applications seeking financial assistance.

Kharge said the government has decided to make use of the startup environment to find solutions to various challenges being faced by it in the social sector.

The government will fund five technology-based startups (also called grand challenges) a year and give opportunity to implement them on pilot basis. A sum of Rs 15 crore has been set aside for this purpose, he added.

This apart, the department has decided to hold an open house meeting with representatives of registered startups every month to get feedback on various government initiatives.

Agenda for the meeting will be set up by the startups.

A total of 45 startups will be allowed to take part in the meeting to be chaired

by the IT & BT Minister.

The first meeting is scheduled for August 16 at GoK-Nasscom 10,000 startups warehouse in Diamond District, off Old Airport road, Bengaluru.

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News Network
April 24,2024

HSRP.jpg

With the Karnataka transport department extending the deadline for the installation of High Security Registration Plate (HSRP) twice--- in November last year and February, it is no longer planning to extend the same. The department ordered for the installation of HSRP before May 31.

The transport department through a notification in August last year, had mandated the installation on all the vehicles that were registered in the state prior to April 1, 2019. According to transport officials, there are nearly two crore vehicles that are supposed to get HSRP for their vehicles.

“As of now, the state has registered only 34 lakh HSRP installations, despite extending the deadline twice. From nearly 18 lakh installations since February, the numbers have almost doubled. However, there are still a large number of vehicles that have to opt for HSRP,” said C Mallikarjuna, Additional Commissioner for Transport (Enforcement).

“We will wait till May 31 to check for the total number of vehicles that fall in line. We are expecting HSRP installations to touch 75 lakh, after which we will consider an extension as the numbers indicate that people are falling in line and if some more time is given everyone will get it done. However, if we do not reach that number before the deadline, we will request the government not to extend the deadline but urge for an enforcement,” he said.

He also stated that a fine of Rs 500 will be imposed for the first time and if vehicle owners do not fall in line, it will be Rs 1,000 later until they have installed HSRP. “We will wait till the Model Code of Conduct ends and take the government’s opinion. We are going to request the government for strict enforcement if the HSRP installations are not satisfactory,” he added.

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April 9,2024

moon.jpg

Mangaluru/ Bengaluru, Apr 2: Karnataka’s coastal belt some of the neighbouring areas will celebrate Eid-ul-Fitr on April 10, while rest of the state will witness the festival on April 11 due confusion over moon sighting. 

Muslim religious heads in twin coastal districts of Dakshina Kannada and Udupi on the night of April 9 declared the end of Ramadan and beginning of Shawwal following reports of sighting of crescent moon. 

With this Eid will be celebrated on April 10 in the above region. Similarly, Muslims in Bhatkal and neighbouring state of Kerala too will celebrate the festival on April 10. 

However, Muslims in other parts of Karnataka will continue to fast on April 10 and celebrate the Eid on the following day due to non-sighting of moon in their region. 

The Karnataka Moon Sighting Committee chairman Moulana Maqsood Imran formally announced that the Eid-ul-Fitr in Bengaluru and areas of Karnataka will be celebrated on Thursday April 11. 

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News Network
April 24,2024

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Bengaluru: Former Prime Minister H D Deve Gowda on Wednesday slammed Rahul Gandhi’s "wealth redistribution promise", stating that only someone with no practical knowledge can speak like that.

 “He is dreaming of a revolution. By talking about wealth redistribution, Rahul Gandhi has insulted and humiliated two Congress Prime Ministers who brought market reforms and increased the wealth of the nation,” he added, recalling the contribution of P V Narasimha Rao and Manmohan Singh in economic liberalisation.

Accusing Gandhi of indirectly trying to say that what the two Congress Prime Ministers did was wrong, Gowda said, "He (Rahul Gandhi) has torn up their economic reforms like he had torn up an ordinance (which sought to overturn the rule that disqualifies convicted MPs and MLAs) issued by (the then) Manmohan Singh (government)."

The 90-year-old JD(S) supremo ridiculed the Congress manifesto claiming that only a party that is sure of never coming to power can make as many promises.

“The Congress has promised so many things in its manifesto. The only party that is very sure of never coming to power will promise so much,” Gowda said at a press conference here.

He said the Congress wants to turn this country 'upside down' and the promises made by it indicated that it wants to come to power 'at any cost'.

“Rahul Gandhi wants to do a wealth survey and distribute the wealth. Does he think he is a mass leader,” Deve Gowda said.

Picking up points from the Congress manifesto ‘Nyay Patra’, Gowda said Rahul Gandhi wants to 'give 30 lakh new central government jobs and run this country'.

“There are only 40 lakh sanctioned jobs. How can he create 30 lakh more jobs overnight? How much will he pay these people? Where will he employ them,” he asked.

“Only someone with no practical knowledge can speak like this. (P) Chidambaram was the manifesto committee chairman. Does he agree with Rahul Gandhi’s immature economic ideas,” Gowda said.

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