PROCEEDINGS OF THE GOVERNMENT OF KARNATAKA Sub: New Industrial insurance policy 2006-2011 Read: 1. G.O. No.CI 30 SPC 96 dated 15-03-1996 2. G.O. No.CI 30 SPC 96 dated 31-05-1996 3. G.O. No.CI 30 SPC 96 dated 14-05-1999 4. G.O. No.CI 30 SPC 96 dated 15-05-1999 5. G.O. No. CI 167 SPI 2001 dated 30-06-2001. PREAMBLE In the political science Order dated 15.03.1996 read at (1) above, the introduce Government had announced a comprehensive Industrial insurance 1996. The said policy had extended a package of incentives and concessions for untried investors. This policy came to be modified from time to time vide the Government Orders dated 31.05.1996, 14-05-1999 and 15-05-1999 respectively read at serial metrical composition (2) to (4) above. The liberalized Economic Policy random variableulated by the Govt.of India greatly contributed to the speedy industrial growth in the private sector in any case substantial inflow of nifty from abroad in the form of Foreign Direct Investments (FDIS). Karnataka has been a pioneer in industry. For several(prenominal) years now, the State has been consistently pursuing progressive industrial policies to meet the changing needs of the States preservation and Industry.
Over the last 100 years, the State has had the distinction of build a strong and vibrant industrial base, which combines the intrinsic strengths of voluminous industrial public sector undertakings, large and medium in camera owned industries and a very wide-eyed and dispersed minor sector. The State has demonstrated its strength over a wide spectrum of sectors in industry and has outstanding examples of success in the grey delivery. In recent times, Karnataka has emerged as the knowledge and technology capital of the country making rapid strides in the new economy as well. IT and related industries, biotechnology and strong research and victimisation institutions have given Karnataka a pride of place in the global market. Karnataka being one among the Top five industrialized States in the country, has achieved substantially in promoting... If you want to get a full essay, order it on our website: Ordercustompaper.com
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