Strengthening of local governance, upgrading physical and social infrastructure, increasing public and private spending on education as well as research and development (R&D) are some of the prescriptions given by the ‘Karnataka@100: A Vision Document for 2047’, a report released by the Indian Institute of Management, Bangalore (IIMB), and the Confederation of Indian Industry (CII) on Monday.
Four professors from IIMB have co-authored the report, while others, including Rishikesha T. Krishnan, Director, IIMB, have contributed to it.
“Karnataka has shown extraordinary socio-economic progress since India’s independence in 1947, and even more so since the liberalisation of the Indian economy in 1991. From coffee to IT, Karnataka has made a distinct name for itself on the global map. However, lofty economic growth has also brought to the state its fair share of unique challenges,” said Jitamitra Desai, faculty, Decision Sciences and a co-author.
