Internal rivalries within the ruling BJP could begin to tell on the state's storied IT sector
When Jagadish Shettar took his oath of office on July 12, he became the third chief minister since 2008 in the first Bharatiya Janata Party (BJP) state government south of the Vindhyas. The state he heads is facing economic crisis but, with less than a year to go before the Assembly elections in April 2013, he appears deeply preoccupied in establishing his political credentials.
Karnataka is suffering the second consecutive year of drought, revenues from iron ore are squeezed by a Supreme Court-mandated halt and beyond the glittering facade of its high-tech successes in IT is a story of shrinking agriculture, stagnant industry and growing inequality. Read more
Source : www.business-standard.com