Date : 24-04-2024
As the electoral process unfolds, stakeholders in Dakshin Kannada are eagerly awaiting the incoming government’s commitment to addressing pressing concerns vital for fostering a vibrant business ecosystem in the region.
Better Connectivity Advocated for Industrial Growth
Ananantesh V Prabhu, President of the Kanara Chamber of Commerce & Industry, underscores the urgent need for improved connectivity, particularly between Mangalore and Bangalore. Highlighting National Highway 75 as a critical link, Prabhu advocates for the development of all-weather roads and a tunnel project at Shiraadi Ghat, asserting that enhanced connectivity to Bengaluru would catalyze industrial expansion in the area.
Air Travel Enhancement to Foster Economic Development
Prabhu also stresses the importance of increasing flight connectivity, especially to major cities beyond Bangalore and Mumbai. He notes the burgeoning industrial activity in Mangalore, necessitating direct flights to more destinations to alleviate the current dependency on connecting flights via Bangalore.
Empowering Women Entrepreneurs through Infrastructure Development
Aatmika, a young female entrepreneur from Mangalore, underscores the pivotal role of infrastructure development in nurturing business growth. She highlights the rising participation of women entrepreneurs in Dakshin Kannada and calls for infrastructure improvements to further empower this demographic.
Simplification of GST Structure for Business Facilitation
Industry leaders, including Ajith Kamat of Ajith Enterprises, express optimism regarding potential reforms in the Goods and Services Tax (GST) regime. They advocate for a uniform 12% GST rate across all goods and services, citing the complexity of the current multi-tiered system as a barrier to smooth business operations.
Emphasis on Economic Growth for Industrial Sector
Kamat underscores the significance of economic growth for the industrial sector, stressing the collective desire within the business community for a robust economy that fosters growth opportunities and enables businesses to thrive.
Expectations from Political Leadership
With the voting date approaching, stakeholders look to political leaders to prioritize initiatives that support business development and economic advancement in the region. Their collective voice underscores the urgency of addressing infrastructure deficiencies and implementing reforms conducive to fostering a thriving business ecosystem.
By articulating these concerns, stakeholders aim to influence the electoral agenda and ensure that the incoming government prioritizes policies conducive to economic growth and development in Dakshin Kannada.
