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The Indian Institute of Management, Bangalore, in partnership with the Confederation of Indian Industry, released "Karnataka @ 100: A Vision Document for 2047."
New Delhi: The Indian Institute of Management, Bangalore, in collaboration with the Confederation of Indian Industry, unveiled "Karnataka @ 100: A Vision Document for 2047," on June 12, 2023. The document aims to provide a roadmap for the state to achieve inclusive and sustainable growth.
The vision document sheds light on the plethora of opportunities available in Karnataka, while also addressing the issue of geographical imbalance and haphazard growth within the state. It emphasizes that Bengaluru Urban district contributes more to the state's GDP than the entire north Karnataka region.
Further, the report highlights the significant regional disparities, with poverty levels being relatively low in the southern parts of the state (only 2 percent in Bengaluru) and alarmingly high in the northern regions (reaching as high as 41 percent in Yadgir).
The report highlights the need to improve physical and social infrastructure in regions outside Bengaluru, particularly in north Karnataka. It highlights the urgency of developing infrastructure in low-income areas to facilitate seamless connectivity with major economic hubs like Bengaluru, Hyderabad, and Pune.
The document also points out the importance of creating new economic clusters in tier-two cities such as Belagavi, Hubli-Dharwad, Mysuru, Kalaburagi, and Mangaluru to promote overall prosperity across the state.
Furthermore, the document raises concerns about insufficient funding in the primary education sector, despite an increase in funding for higher education. It points out a significant decline in elementary education funding, from 69.76 percent in 2018-19 to 58.82 percent in 2020-21. While secondary education funding has slightly decreased, budget allocation for university-level education has risen from 9.67 percent in 2018-19 to 12.3 percent in 2020-21.
The document's co-authors include Prof Jitamitra Desai, who specializes in decision sciences, Prof Prateek Raj, an expert in strategy, Prof Anil B Suraj, a faculty member in public policy, and Prof Shanker Subramoney, who focuses on finance & accounting.
Other contributors to the document are Prof Rishikesha T Krishnan, the director of IIM Bangalore and a strategy faculty member, Prof Arnab Mukherji, a faculty member in public policy, Prof Trilochan Sastry, a faculty member in decision sciences, Prof R Srinivasan, a strategy faculty member, and Dayasindhu N, the co-founder and CEO of Itihaasa Research and Digital, who is also an alumnus of the IIM's doctoral program.
Regarding Bengaluru, the authors strongly advocate for the implementation of a mayoral system to enhance urban governance. They emphasize the importance of empowering municipalities and councillors to hold relevant stakeholders accountable for infrastructure challenges in urban areas.
The authors highlight the absence of proper metrics to gauge the quality of infrastructure in Bengaluru. They assert that decentralizing powers and responsibilities is crucial instead of having a minister interfering in urban governance, Subramoney said.
The document also advocates for the official recognition of tourism as an "industry" since it contributes 14 percent to the gross state domestic product. It highlights the need for establishing divisional headquarters for tourism at the district level and formulating specific tourism themes such as "agri-tourism" and "coastal and beach tourism."
Suraj stated that in relation to the economic and social impact of the five guarantees promised by the Congress party, the document did not explicitly mention anything specifically related to the guarantees. However, he expressed his belief that the guarantees were broadly aligned with a focus on gender and addressed the concerns of the people regarding essential services such as electricity. He further noted that the guarantees resonated with the overall priorities of the state
Prof RT Krishnan, the Director of IIMB, remarked that Karnataka has been fortunate to experience positive developments over the years without explicit planning. He said that this was not attributed to any specific political party or government, but rather the reality of the state's progress over several decades.
Krishnan raised the question of how much more impactful it would be if deliberate efforts were made to build upon the existing foundation. He stated that this challenge is what the vision document aims to address
He further stated that the document highlights sustainability and innovation as two fundamental pillars for achieving balanced and inclusive growth in Karnataka. It serves as an invitation to all stakeholders, including citizens, policymakers, academia, and the business community, to collaborate and establish a green ecosystem in Karnataka. This collective effort aims to position the state at the forefront of the global economy.
To summarize, the document urges Karnataka to pursue a trajectory of economic and environmentally sustainable growth by implementing appropriate measures such as investment, participation, Industry 4.0, innovation, and effective governance.
Further, the document will be presented by the Confederation of Indian Industry (CII) to the state government and other relevant stakeholders.
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