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BENGALURU: The Karnataka cabinet approved on Friday an employment policy with a three-year plan to create 7.5 lakh employment opportunities, mostly in textiles and garments sectors.
“If companies have to make additional investment, they have to create extra jobs based on the criteria explained in the policy,” state law and parliamentary affairs minister J C Madhuswamy said. The Karnataka Employment Policy 2022-25 proposes preference for locals in all job categories.
The policy seeks to achieve the target by offering extra incentives for investors generating more jobs. The state cabinet approved the policy that CM Basavaraj Bommai had announced in his first budget in March this year.
“If companies have to make additional investment, they have to create extra jobs based on the criteria explained in the policy,” state law and parliamentary affairs minister J C Madhuswamy said. The Karnataka Employment Policy 2022-25 proposes preference for locals in all job categories.
The policy seeks to achieve the target by offering extra incentives for investors generating more jobs. The state cabinet approved the policy that CM Basavaraj Bommai had announced in his first budget in March this year.
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