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    Question

    What is the Karnataka government's strategic plan to

    boost the state's economy, and which sectors are highlighted for attracting investments?
    A Targeting Rs 1.4 trillion investments in aerospace and defence Correct Answer Incorrect Answer
    B Aiming for a 75% increase in annual investments in textiles Correct Answer Incorrect Answer
    C Growing at a rate of 15-16% annually and focusing on space tech Correct Answer Incorrect Answer
    D Attracting investments worth Rs 7 trillion in agriculture and farming Correct Answer Incorrect Answer
    E Delegating the Department of Industries to engage with European companies Correct Answer Incorrect Answer

    Solution

    The Karnataka government's strategic plan involves attracting investments worth Rs 1.4 trillion annually, with an overall target of Rs 7 trillion over the next five years. The plan aims to achieve a growth rate of 15-16% annually and increase the industrial sector's contribution to the Gross State Value Added (GSVA). The highlighted sectors for investment include aerospace and defence, electronic components, core manufacturing, warehousing and logistics, electric vehicles, textiles, semiconductors, space tech, and med tech.

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