By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Karnataka targets one lakh new jobs, AI hubs, and a $3 trillion economy by 2047
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Karnataka targets one lakh new jobs, AI hubs, and a $3 trillion economy by 2047

India News

Karnataka targets one lakh new jobs, AI hubs, and a $3 trillion economy by 2047

India Times Now Desk
Last updated: August 15, 2026 9:19 am
India Times Now Desk
Published: August 15, 2026
Share
SHARE


Karnataka will focus on creating one lakh new jobs, expanding artificial intelligence (AI) education, and establishing technology hubs across the State as part of its vision for a ‘Young Karnataka–New India’, Chief Minister D.K. Shivakumar said on August 15.

Addressing the 80th Independence Day celebrations at Manekshaw Parade Ground in Bengaluru, Mr Shivakumar announced the launch of the Chief Minister Udyoga Sankalpa and Udyoga Nidhi schemes, aimed at improving employment opportunities and encouraging job creation.

The State Government has begun the process of filling 72,000 key vacancies, with notifications for all the posts expected to be issued within the next six months, he said.

Under Udyoga Nidhi, entrepreneurs in 10 economically backward districts will receive an incentive of ₹2,500 per month for every new job created, with the government targeting one lakh additional jobs through the initiative.

AI from class 6 in govt schools

The Chief Minister outlined an ambitious technology and education agenda. AI will be introduced in government schools from class 6, alongside the proposed AI Akshara Abhiyana and Coding Gurukula programmes. Bengaluru will get the country’s first government-owned AI university, while AI hubs will be established to strengthen the State’s technology ecosystem.

Under the ‘Beyond Bengaluru’ initiative, five global technology centres are proposed in Kalaburagi, Belagavi, Hubballi-Dharwad, Mangaluru and Mysuru. An Advanced Manufacturing Cluster is being established in Doddaballapura, with investment commitments of ₹20,000 crore and an expected employment potential of around one lakh jobs.

Mr. Shivakumar said, “Karnataka is targeting a $3 trillion economy, equivalent to ₹320 lakh crore, by 2047. The State’s per capita income had reached ₹4.33 lakh, and Karnataka ranked second in GST and income-tax collections.”

Calling on people of Karnataka to participate in the State’s development, Mr. Shivakumar said, “Two hands alone are not enough to pull the chariot of the State’s development. The hands of every Kannadiga must join mine. Let us come together and pull the chariot of development.”

The government plans to integrate technology into agriculture through the Chief Minister Raitha Chaitanya scheme, under which drones and satellite imagery will be used for crop surveys. The Raitha Mitra scheme will provide farmers owning three acres or less with a 50% subsidy on agricultural machinery rental charges.

On infrastructure, Mr. Shivakumar said, “1,663 km of State Highways, 3,000 km of major district roads, and 125 bridges had been constructed over the past year. Development of 7,100 km of rural roads is under way under the Pragathi Patha scheme with an investment of ₹5,200 crore.”

For Bengaluru, infrastructure projects worth ₹1.50 lakh crore have been taken up. The Namma Metro network is expected to expand to 220 km after completion of Phase III, while a 117-km ring road under the Bengaluru Business Corridor is planned at a cost of ₹26,000 crore.

According to the Chief Minister, the government has prioritised water security, with 112 major water-resource projects worth ₹16,000 crore approved this year. The first phase of the Yettinahole Integrated Drinking Water Project is nearing completion, with water expected to reach Tumakuru district by November.

Mr. Shivakumar announced plans to establish the Karnataka State Motor Vehicle Insurance Corporation to provide simpler insurance services to vehicle owners.

Highlighting the government’s welfare measures, he said that ₹77,000 crore had so far been transferred directly to 1.28 crore women under the Gruha Lakshmi scheme, while 1.65 crore households were receiving free electricity under Gruha Jyothi. Women in Karnataka had made around 796 crore free journeys under the Shakti scheme.

Published – August 15, 2026 02:49 pm IST



Source link

HC to hear Writ Petition seeking transfer of Amaravati IRR case to CBI on March 16
Bihar CM opens ₹130.88-cr. link to divert floodwaters, enhance farm productivity
Congress leader Kanhaiya Kumar arrested in Delhi on complaint of Kerala House official
Arvind Kejriwal extends support to Jharkhand students’ protest
Hoteliers, bakers, tea shops and wedding halls seek reduction in commercial LPG prices
TAGGED:AI hubsand a $3 trillion economy by 2047Karnataka Independence DayKarnataka targets one lakh new jobs
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Court sends I-PAC director Chandel to 10 days ED custody

India Times Now Desk
India Times Now Desk
April 14, 2026
Tamil Nadu government to allocate land to set up school to promote traditional folk art forms: CM Stalin
Commercial LPG cylinder prices reduced by Rs 209 in Kolkata and Rs 202 in Delhi: Check revised rates
Hippo ‘Hamsini’ that attacked a veterinarian is in critical condition in Shivamogga Zoo
Eastern bypass project stuck; forest department permission for land swap remains incomplete
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?