Karnataka’s New Software by Microsoft to Speed Up Industrial Approvals
In Bengaluru, Karnataka’s Minister for Large and Medium Industries, MB Patil, announced a new software developed by Microsoft to simplify industrial project approvals. This platform, the first of its kind in India, aims to issue all necessary clearances within 100 days and will be launched at Invest Karnataka 2025.
Reducing Approval Times
Currently, Karnataka’s approval process takes around 300 days, while neighboring states manage in 60-70 days. The new software aims to reduce Karnataka’s approval period to 60-70 days, enhancing competitiveness in attracting investments.
Streamlining Processes
Industrial projects in Karnataka require approvals from 33 departments, covering 147 services. The software will integrate these onto a single platform, significantly reducing approval timelines. Government officials will be trained to use the software to accelerate processes.
Real-Time Tracking and New Website
The technology allows investors to track approval statuses in real-time. A new website will showcase Karnataka’s investment appeal, and UMA, an AI-powered platform, will provide voice-based information in multiple languages.
Key Figures Present
Key attendees included S. Selvakumar, Principal Secretary; Gunjan Krishna, Commissioner, Department of Industries; Dr. Mahesha, Commissioner, KIADB; Aravind Galagai, Technical Advisor; and Puneet, Project Director at Microsoft.
Doubts Revealed
Karnataka -: Karnataka is a state in the southern part of India. It is known for its technology industry and is home to the city of Bengaluru, often called the ‘Silicon Valley of India’.
Microsoft -: Microsoft is a big technology company that makes computer software, electronics, and services. It is famous for products like Windows, Office, and Xbox.
Industrial Approvals -: Industrial approvals are permissions needed from the government to start or expand factories and businesses. These approvals ensure that industries follow rules and regulations.
MB Patil -: MB Patil is a politician in Karnataka, serving as the Minister for Large and Medium Industries. He is responsible for promoting and managing industries in the state.
Invest Karnataka 2025 -: Invest Karnataka 2025 is an event planned to attract investments to the state of Karnataka. It aims to showcase opportunities for businesses and industries to grow in the region.
AI-powered platform -: An AI-powered platform uses artificial intelligence to perform tasks that usually require human intelligence. This can include understanding languages, recognizing patterns, and making decisions.
UMA -: UMA is the name of the new AI-powered platform mentioned in the summary. It will provide information in multiple languages to help people understand the industrial approval process.