04-11-21 Daily-Karnataka-KPSC Current Affairs

New investors inKarnatakamay get a boost as the plans to encourage them to hire more people with tax incentives.

At present, he said the manufacturing sector gets a tax incentive for Investment but the government wants to extend it for number of jobs they can create. This could compensate for job losses in the state due to Covid-19.

Karnataka is the only state which has not cut salaries of government employees. As far as the private sector is concerned, the pandemic, over the past18 months, has taken away a lot of jobs in the state but people are getting jobs due to the revival. We hope the situation will improve over the next 3-4 months and more jobs will be restored.