“Globally, software
circles talk about Bangalore”
Recently, V.N. Balasubramanyam,
an economist with Lancaster University was in Bangalore to research on
‘Software in South India’, a project funded by the British Academy.
In an interview with the
Times of India, V.N. Balasubramanyam said “Even today, globally software
circles talk of Bangalore.... We were told, `Bangalore is a happening city,
so we want to be here.’” Speaking on why Bangalore is a cluster of software
companies, he said, “It’s a cluster for none of the conventional reasons....
Despite all the adverse conditions, the lack of civic infrastructure, it
continues to be India’s Silicon Valley. Last year, for instance, 40 new
firms moved in. Our conclusion is that Marshall’s explanation that `there
is something in the air’ is the best fit.”
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A High Court order cleared
the Cogentrix power project recently. This project will add 1000 MW to
the grid and thus alleviate to a certain extent the power crunch in the
state. The Cogentrix project is expected to be ready by the year 2000.
Reservoirs full, energy
availability doubled
All the reservoirs in Karnataka
are close to reaching their full capacities, thanks to the monsoons.
The total energy availability
from all the hydro power stations has almost doubled to 6892 million units
(mu) as against 3715 mulast year.
The 1035 mu Sharavathy hydro-electric
power station, one of the largest of its kind in the country, achieved
a peak power generation of 1020 mu on August 23 and station utilisation
of 85%. The achievement is the highest in the 30 years’ history of the
station.
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