Factories and Economic Growth in Karnataka: A District Level Analysis
S V Hanagodimath
Assistant Professor, Centre for Multi-disciplinary Development Research (CMDR), Dharwad, Karnataka, India
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In most of the sectors, north Karnataka is under-developed in general and Gulbarga division (Hyderabad Karnataka) in particular. But with respect to factories, there is no much difference, whole north Karnataka is under-developed. Hence, private sector has to be encouraged to invest in this region. Government needs to provide and other infrastructure facilities at the subsidies prices. Through this, the problem of unemployment of north Karnataka can be reduced and balanced regional development can be achieved. Systematic development of industrial sector is prerequisite for overall development of India. India has much potentiality with respect of raw material and labour force. Our constraints are with the capital and technology. Hence, much focus has to be given to these two issues. Compared to olden days, in the recent days, policies/acts are made easy to start new companies. To improve the technology, skilled labour force has to be increased, which can be done with providing the skill and training to the unemployed youth.
Keywords: Economic growth; Karnataka; infrastructure facilities
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