India

Semiconductor: Kumaraswamy backtracked on the assertion on semiconductor, said- we have now to be cautious in future theinsiderinsight

ANI, Bengaluru. Union Heavy Industries and Public Enterprises Minister HD Kumaraswamy on Saturday mentioned his alleged remarks concerning US semiconductor agency Micron have been misrepresented. He mentioned, “I’ve to be very cautious in future.”

Kumaraswamy mentioned that semiconductors are a strategic trade. It’s a primary requirement for electronics and car manufacturing. Each these sectors generate a variety of employment. I admire the semiconductor associated initiatives taken by the PMO and can work in the direction of fulfilling them via my ministry.

Questions raised on giving subsidy of Rs 3.2 crore in alternate of 1 job

His remarks got here a day after he reportedly questioned the potential for the US-based semiconductor producer receiving a subsidy of Rs 3.2 crore for each job created in Gujarat.

Kumaraswamy harassed on creating extra jobs

Whereas speaking to reporters, Kumaraswamy harassed on the necessity to entice funding within the nation in addition to create extra jobs. He mentioned, why has Prime Minister Narendra Modi given me such an enormous division? Why does he have a lot confidence in me? This can be a massive accountability that the Prime Minister has given me.

It’s my job to convey numerous investors- Kumaraswamy

He mentioned that my job is to convey numerous traders. Not solely bringing traders, however we additionally need to create as many roles as potential. I’ve to stay as much as the expectations of the Prime Minister by creating as many roles as potential.

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