State govt. to incentivise industries beyond Bengaluru, revise FAR norms for tier-II and III cities
Karnataka Chief Minister D.K. Shivakumar has announced new incentives to encourage industrial growth in tier-II and tier-III cities to reduce migration to Bengaluru. The plan includes revising floor area ratio norms and a CSR-funded initiative to build 2,000 model schools in rural areas.
Chief Minister D.K. Shivakumar on Tuesday unveiled a series of initiatives aimed at generating employment outside Bengaluru and improving rural education, including incentives for industries to establish units in tier-II and tier-III cities, a new policy to build around 2,000 CSR-funded schools and the launch of a private-sector employment exchange.
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