Only 0.4% projects over

Follow us:WhatsappFacebookTwitterTelegram.cls-1{fill:#4d4d4d;}.cls-2{fill:#fff;}Google NewsOf the total outstanding investments of over Rs 37 lakh crore made across the state, projects worth about Rs 14,000 crore were completed during 2011-12, according to Associated Chambers of Commerce and Industry of India (ASSOCHAM).This amounts only to 0.4 per cent of the total outstanding investments.Stating that the mining sector in the state saw the maximum share of about 1 per cent of the completed projects, ASSOCHAM members said out of the outstanding investments worth about Rs 60,000 crore in mining sector in Karnataka, projects worth Rs 600 crore got completed during the last fiscal. But this plight was not specific to Karnataka alone as across India 0.7 per cent of the total investment projects were completed in the last fiscal.Share of completed projects in the outstanding investments remained below the national average in Karnataka, Andhra Pradesh, Kerala, Maharashtra, Punjab, Chhattisgarh, Bihar and Jammu & Kashmir.first published:January 01, 1970, 05:30 ISTlast updated:January 01, 1970, 05:30 IST 
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