Karnataka is targeting Rs 50,000 crore worth of investment in the forthcoming “Global Agricultural and Horticulture Investors Meet 2011.”

The Chief Minister, Mr B.S. Yeddyurappa, while speaking at a press meet organised by the Press Club of Bangalore and Bangalore Reporters Guild to mark the completion of three years in office, said to keep the agricultural growth rate of the State at over 6 per cent and to create opportunities in rural areas and is looking at fresh investments.

“The State Government is looking for investments in developing cold chains, warehousing, godowns at village /taluk level and building transport infrastructure,” he added.

The organic mission in the State, what started as awareness creating exercise to get rid of chemical fertilisers has become a tool for farmers.

“This has started to give results for farmers; they are getting good rates for their produce at certain key markets. Here the State Government is making efforts to create market at district or taluk level,” he said.

At the Global Investors Meet, the State Government attracted investments to the tune of Rs 2.5 lakh crore; 217 projects are in various stages of implementation and has created jobs to the tune of 8 lakh. “We could have achieved more. But the opposition parties especially JDS did not cooperate, instead it raised corruption issue which scared the possible investors,” said Mr Yeddyurappa.

Slamming them (Opposition parties), which have levelled allegations of corruption and nepotism against him, he said: “If they had not placed ‘hurdles,' the Government would have achieved more. I hope at least now they will cooperate with the Government,” he added.

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