Karnataka ranks third in FDI flow: Economic Survey

February 27, 2016

Bengaluru, Feb 27: Amidst concerns over flight of investment from the State, the Economic Survey 2015-16 tabled by Finance Minister Arun Jaitley in Parliament on Friday stated that Karnataka is the third largest recipient of foreign direct investment (FDI) in the country.

Karnataka received FDI amounting $3,266.48 million during April-November 2015 against $3,443.89 million in April-March 2014-15. During April 2014 to November 2015, the State received FDI totalling $6,710.36 million, constituting 12.04 per cent of the country's FDI.

A State-wise analysis of FDI inflows to different Indian States showed a clear regional disparity.

Delhi, Haryana, Maharashtra, Karnataka, Tamil Nadu, Gujarat, and Andhra Pradesh together attracted more than 70 per cent of total FDI inflows to India in the last 15 years. Except Delhi, all States have seen a decrease in FDI flow between 2014-15 and 2015-16.

However, States with vast natural resources like Jharkhand, Bihar, Madhya Pradesh, Chhattisgarh, and Odisha have not been able to attract foreign funds directly for investment in different sectors.

Inflation

A State-wise analysis of inflation shows that CPI-based general and food inflation declined during the current year in most States. Yet, there are exceptions. Karnataka, Andhra Pradesh, Telangana, and Jammu and Kashmir experienced higher inflation during April-December 2015 compared to the corresponding period of the previous year.

The reason for rising inflation in these States has been higher food inflation, it said.

Drip irrigation

Adoption of drip irrigation has provided immense benefit to farmers in Karnataka and other States, according to the Economic Survey. An impact evaluation of National Mission on Micro Irrigation in Karnataka and other States has revealed benefits of drip irrigation to farmers. Karnataka has been providing subsidy to farmers for adoption of drip irrigation.

The Survey said provisions for credit to farmers can incentivise greater adoption of this technology.

Positive results

Results from the impact evaluation conducted in 64 districts of 13 States — Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Haryana, Karnataka, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Sikkim, Uttar Pradesh, and Uttarakhand — revealed the benefits of drip irrigation.

There have been substantial reductions in irrigation costs and savings on electricity and fertilisers. This is because water is efficiently supplied and hence, pumps are used for a limited time.

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Air India Express brings back Mangaluru–Muscat direct flights from March 2026

News Network

December 15,2025

Mangaluru, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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