Wednesday, Mar 23, 2005
Wednesday, Mar 23, 2005 |
| Karnataka | ||||
|
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Classifieds | Employment | Karnataka
By Our Special Correspondent
BANGALORE, MARCH 22. Information technology companies are dictating terms to the Government and obtaining concessions in tax and other facilities such as land and infrastructure at subsidised rates, the Communist Party of India (Marxist) member, G.V. Srirama Reddy, alleged in the Legislative Assembly on Tuesday. Many multinational IT companies set up shop in Bangalore because of concessions extended by the Government. Similar concessions should be extended to farmers and public sector enterprises. IT majors such as Infosys and Wipro have received all types of facilities from the Government without any investment and achieved a high rate of growth and profits. Their contribution to Bangalore and society was nil, Mr. Reddy said. Mr. Reddy, who was participating in a discussion on budget, said the Deputy Chief Minister, Siddaramaiah, had made a statement in the budget that the "share of the tertiary sector in the State economy during 2004-05 has been 53 per cent." Mr. Reddy urged the Government to provide details on jobs given by IT firms to Kannadigas.
Printer friendly
page
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
