Industrial unit is planning on increasing its working capital by ₹50 crore, then it has been ordered to create at least 30-50 more employment opportunities. In addition to this, minimum 35 additional jobs will be created for increasing investment upto ₹300 crore, the minister added.
He further stated that the Karnataka government has also increased the minimum job generation requirement of industries and said that the super mega units which were earlier generating 750 jobs, will now increase it to 1,000.
“The ultra mega units will now have to increase the number the employment from 400 to 510. Similarly, the mega units need to rise it from 200 to 260 employees. The large scale industries will now be giving 60 jobs from 50 earlier and media scale industries 20 from 10-15 earlier," he informed.
Source : Mint
