Karnataka approves 62 projects worth Rs 3,607 crore; to generate nearly 11K jobs

News Network
November 29, 2023

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Bengaluru, Nov 29: The State Level Single Window Clearance Committee (SLSWCC) cleared 62 industrial investment proposals worth Rs 3,607.19 crore with an employment generation potential of 10,755 within the state, the official release stated on Wednesday.

The SLSWCC committee, headed by M.B. Patil, Minister for Large and Medium Industries, and Infrastructure Development approved eight projects involving more than Rs 50 crore investment, totaling Rs 2,088.44 crore. These hold the potential to create 6,360 jobs.

Some of the top investors include Texcon Steels, Hundri Sugars and Ethanol Private Ltd, Bren Life Sciences, Alpine Ethanol, Virupaksha Laboratories and Qualcomm India among others.

Of the total 62 proposals, about 51 investment projects are between Rs 15 crore to Rs 50 crore totaling Rs 941.40 crore, promising employment generation potential of 4,395 within Karnataka.

Three projects with an additional investment of Rs 577.35 crore were also approved by the committee.

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coastaldigest.com news network
April 24,2025

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In a significant leap toward sustainable urban mobility and coastal tourism, Karnataka Chief Minister Siddaramaiah has greenlit the ambitious Mangaluru Water Metro Project (MWMP). The approval was announced during a high-level Water Transport Board meeting held in Bengaluru, marking a milestone in the coastal city’s development roadmap.

Originally unveiled in the state budget earlier this year, the project takes inspiration from the acclaimed Kochi Water Metro and is designed to redefine water-based commuting and recreational transit in Mangaluru. The water metro will chart a 30-km course along the Gurupura and Netravathi rivers, offering both scenic journeys and practical connectivity for locals and tourists alike.

“The purpose of this project is to enhance tourism and recreation activities while also decongesting the city’s road traffic,” a senior officer from the Karnataka Maritime Board (KMB) stated. The KMB will lead preliminary studies and planning for MWMP implementation.

The proposed water route will interconnect 17 strategic locations, including:

•    Kulur Bridge

•    Bangrakulur

•    New Mangaluru Port

•    Sultan Battery

•    Tannir Bhavi

•    Old Port

•    Bengre

•    Hoige Bazaar

•    Ullal

•    Bolar Sea Face

•    Someshwar Temple … and more, covering densely populated, industrial, and tourist-friendly zones.

Planned as a green, affordable, and efficient public transport system, the Water Metro will deploy modern catamarans, with options for electric or low-emission diesel propulsion—positioning Mangaluru as a model for eco-conscious urban infrastructure in India.

With its blend of functionality and scenic charm, the MWMP is expected to not only transform the city’s transport landscape but also boost employment, local businesses, and regional tourism.

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News Network
April 16,2025

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Bantwal, Apr 16: A fatal pothole on a local road has claimed the life of a young community leader, sending shockwaves through the Bantwal region. Melroy D’Sa (25), president of the Thodambila Unit of the Indian Catholic Youth Movement (ICYM), died in a tragic bike accident late Tuesday night.

Melroy was reportedly riding his motorcycle when he lost control after hitting a pothole. Locals who witnessed the incident rushed him to a nearby hospital, but despite swift medical attention, he could not be saved.

A beloved figure in youth circles, Melroy was known for his leadership, vibrant spirit, and active involvement in community service across the Bantwal deanery. Many had seen him as a rising leader with a bright future.

The ICYM Central Council expressed profound grief over the loss, paying tribute to Melroy’s dedication to youth empowerment and his unwavering commitment to social causes. His untimely death has left a deep void in the community he passionately served.

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News Network
April 10,2025

Mangaluru: A seemingly harmless YouTube advertisement has cost a Mangaluru man his life savings, after he fell victim to an elaborate investment scam and lost a staggering ₹55 lakh.

According to the police complaint, the victim was lured in by a man named Shardul Jani, who claimed that a trading app called Abans Pro would deliver high returns. On February 11, the man made an initial investment of ₹15,000. A trading account was created for him, which soon began displaying encouraging profits.

Buoyed by these promising numbers and under constant persuasion from the accused, the man was convinced to invest more. Reassured that the money could be withdrawn at any time, he not only continued investing himself but also involved his relatives, who collectively transferred ₹39 lakh into his account for further investments.

Between February 11 and March 27, the victim transferred a total of ₹55 lakh to multiple bank accounts provided by the accused. But when he finally attempted to withdraw the funds, nothing came back. The profits were a mirage—his money had vanished.

Realising he had been conned, the man approached the Bajpe police, who have registered a case and begun an investigation into the fraudulent scheme.

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