Thursday, September 27, 2007

Creation of Enabling Environment, key to Development of Backward Talukas: CII

Creating an enabling environment is the key to the development of some of the backward places in Karnataka. This forms the abstract of findings of a study commissioned by Confederation of Indian Industry (CII) named Industrialization of Backward Talukas- A report on Magadi released during its Annual Members day meet. The report has stressed on the creation of a viable environment for the development of industries using the local skills and resources. Magadi is all set to move on the track of development. There is a lot of potential for the development of Tourism and Agro based Industries in Magadi which comes under Bangalore Rural district provided proper rural infrastructure and access to market are created.

The report identified food processing as a lucrative investment option for the development of the taluk considering the fact that cultivable area under fruits and vegetables form 9.5% of the total cropped area of Magadi. Taking into account the state’s leading position in Floriculture and the favorable climatic and soil conditions of Magadi for floriculture, the report further recommends development of Floriculture as a possible avenue for employment generation in the taluk.

It also suggested the development of Tourism in the taluk promoting the place as the birthplace of Kempegowda, the founder of Bangalore. The report has also suggested promotion of Adventure Tourism in the Taluk.

Moreover to facilitate employment opportunities for the educated rural youth, the report advocates setting up of rural Business Process Outsourcing(BPO) Units with Public Private Partnership which will enable the taluk to create wealth by participating in the new economy.

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