The Karnataka government has announced a grandiose scheme to transform Mysuru into a future-proof city, designed on five pillars. The project will ensure harmony between modernization and the cultural identity of Mysuru and enhance its administrative boundary.
Important Features of the New Mysuru Plan
Mysuru Industries: There will be a hi-tech industrial complex that will facilitate industrial growth and attract investment.
Mysuru Specialization: The city shall focus on skill development with an Entrepreneurial University in the pipeline to develop talent and innovation.
Economically Comfortable Living Mysuru: A well-planned Tech City shall be developed with contemporary infrastructure and upgraded urban facilities.
Tourism Mysuru: A wellness and reorientation center of all-round nature shall be developed to further establish Mysuru as a health and cultural tourism destination.
Traffic in Mysuru: The government is considering a Rapid Metro Project to boost city mobility and ease congestion.
Implementation Strategy and Investment Prospect
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The project will implement a Public-Private Partnership (PPP) model to minimize financial strain on the government.
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Mysuru is second to Bengaluru as a capital investment destination and is therefore a preferred destination for entrepreneurs and businesses.
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Ease of doing business is being accorded highest priority by the government with faster land allotment and infrastructure development policies.
Sources: Star of Mysore, Times of India, The Hindu.