Karnataka gets approval for Rs 85 cr electronic cluster development project
Updated: Feb 01, 2014 04:53:42pm
According to the state Minister for IT, Biotechnology and Science and Technology, S R Patil, “This project will accelerate growth of the ESDM-based industry in Karnataka. We are expecting the cluster concept to work wonders in increasing the state’s electronic exports by helping the industry to penetrate rural areas of the state.”
Further, in a major boost to the Information Technology (IT) firms and other knowledge-based industries across Karnataka, the Minister yesterday told reporters here that they will be exempted from state labour laws for an additional five years.
"The knowledge-based sector will be considered essential services and barred from strikes and shutdowns from April. They will also be exempted from complying with working hours regulations as stipulated in the Karnataka Industrial Employment Rules, 1946 for another five years," Patil said.
The clause for protection of women employees and prevention of sexual harassment at work place in the order will, however, be applicable.
The state government has also granted Rs 5 lakh each to nine engineering colleges across the state for setting up incubation centres to foster entrepreneurship among their students. (KNN Bureau)