Review of petrol-diesel duty reduction in state: CM Bommai

Bengaluru : Chief Minister of Karnataka Basavaraja Bommai said on Sunday that the central government has cut taxes on petrol and diesel and the same tax cuts in the state too will be implemented shortly .

C M Basavaraja Bommai told reporters at the RT Nagar Residence that he would be flying to Davos, Switzerland today and participating in the ‘World Economic Summit’ tomorrow. Meeting leading industrialists. That said, all efforts are being made to attract investors

India’s largest foreign direct investment (FDI) inflows during the quarter. Karnataka had the largest capital inflow in the last four quarters. This time we have more capital. The state is first in this. It is therefore confident that the Global Invest Meet will be held in the state in November with a large response. Still others have come forward to invest in the state. We are holding a Global Investment Conference, especially in November. He said he was confident that Davos would get a big boost on the tour.

We have the greatest excitement to go on a trip to Davos. We are not just making an agreement, we are going to set up an industry. Industry Minister Murugesh Nirani and ITBT Minister Dr Ashwath Narayana will be visiting Davos.