Karnataka Cabinet approves policy to help set up 25,000 start-ups in five years

The Karnataka Cabinet on Thursday approved the Karnataka Startup Policy 2025-30 that seeks to develop the State as a global innovation centre and help set up an additional 25,000 start-ups.

Briefing presspersons after a Cabinet meeting, Law and Parliamentary Affairs Minister H.K. Patil said the policy seeks to set aside a budget of ₹518.27 crore over the next five years to offer financial support to start-ups.

The policy aims to ensure that at least 10,000 of the targeted 25,000 start-ups are set up outside Bengaluru, he noted.

The policy will seek to create an appropriate ecosystem and work towards building the necessary infrastructure and ensure the availability of the required skilled manpower, he said.

Food kit

The Cabinet also approved a proposal to modify the composition of the INDIRA (Integrated Nutrition and Dietary Initiative for Revitalizing Anna Bhagya Beneficiaries) food kit under the Anna Bhagya scheme to provide additional quantum of toor dal in proportionate to the cost of the earlier proposed green gram, the Minister said.

The Cabinet gave clearance to a proposal for shifting the 67 vacancies of Urdu primary school teachers that were reserved for the OBCs to the general merit category as an one-time measure as no eligible candidates from the OBCs had applied for these posts, the Minister said.

The Cabinet gave administrative approval for the comprehensive operation and maintenance of various sewage treatment plants in Bengaluru at a cost of ₹49.91 crore.

The Cabinet also gave administrative approval for procuring equipment worth ₹94.5 crore to set up a peripheral cancer centre on the PKTB hospital premises that comes under the ambit of the Mysuru Medical College and Research Institute, the Minister said. .

The Cabinet also gave administrative approval for setting up a Haj Bhavan on 1.56 acres of land at a cost of ₹20 crore in Bajpe of Mangaluru.

The Cabinet further approved a proposal to upgrade the Koratagere town panchayat in Tumakuru district as a municipal council, and the Doranahalli village panchayat in Yadgir district as a town panchayat.