Good market facility could boost economic development of home industries: CM Bommai
Pragativahini News, Belagavi – Good market facilities could boost the economic development of handicrafts and home industries, Chief Minister Basavaraj Bommai said in his inaugural address at an exhibition and sales fair organised by Karnataka State Skills Development, Entrepreneurship and Livelihood department.
Karnataka stands in third position in the county in Gross Domestic Product. But only 30% of the population is contributing to the GDP. State government would provide all the assistance for the remaining 70% to raise their income level which in turn would raise the state GDP, he said.
Bommai conveyed his government’s commitment for economic empowerment of women by providing them necessary skills training, financial assistance and marketing facilities for their produce. On an initial basis 7500 Sthree Shakthi Groups would be provided a micro finance of Rs1 lakh each. It would be extended to all the Sthree Shakthi Groups, if it proves a success, Bommai said.
The Chief Minister showed keen interest at the products exhibited at the fair and was all praise for the skill of the artisans. He purchased the famous Chennapatna toys worth Rs600 at a stall.
Speaking on the occasion Minister for Skills Development and Livelihood Dr. CN Ashwathnarayan said, that the Chief Minister had assured 4G concession for the products being produced by Sanjeevini Self Help Groups. The CM had also promised market facilities at village level.