BENGALURU: Chief Minister Basavaraj Bommai said Karnataka will become the country's "top state" in terms of total economic growth, and that the state will play a key part in accomplishing Prime Minister Narendra Modi's goal of making India a USD5 trillion economy.
Taking Care of Business ""By 2025, the economy will have reached pace and buoyancy," Bommai said at the "Vision of Karnataka 2025" summit hosted by the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) here on Tuesday. I am convinced that Karnataka would make a USD1.5 trillion contribution to Prime Minister Modi's goal of making India a USD5 trillion economy." "GDP growth would be doubled, and there would be growth in the Agriculture, Industry, and Services sectors with financial discipline and planning," he continued.
Bommai also emphasised the actions he took to "boost" economic growth. "The budget for the state has been enhanced by Rs 19,000 crore. Even the specialists were taken aback by this. Because it is a pre-election budget, it was expected to be laden with freebies. However, we have gone to the aid of those who assist the state. We've lent a helping hand to those who toil in the scorching heat "The Chief Minister said.
Many states want GST compensation to be extended: FM
FM Sitharaman presents J-K Budget, Lok Sabha approves motion