Home Minister G Parameshwara.  File photo| Express
Karnataka

Karnataka ranks third in CSR funding: Minister G Parameshwara

Pointing to Karnataka’s growing appeal among investors, he said Mangaluru is now the second-most attractive coastal city for investments.

Express News Service

BENGALURU: Karnataka has emerged as the third-highest contributor of funds under Corporate Social Responsibility (CSR) among all states, with Rs 2,500 crore spent in 2023-24, Home Minister Dr G Parameshwara said on Thursday. A total of Rs 34,000 crore was contributed under CSR across the country.

Speaking at the India CSR and Sustainability Awards organised by the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), Dr Parameshwara stressed that while the state has schools in almost every village, quality education remains the most urgent need. He added that Karnataka has made remarkable strides in education, healthcare, industry and software exports, contributing nearly 40 per cent of the country’s IT exports.

Pointing to Karnataka’s growing appeal among investors, he said Mangaluru is now the second-most attractive coastal city for investments. He also highlighted the state’s role in health tourism, which grew during S M Krishna’s tenure as chief minister.

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