EconomyPending
Reduce stamp duty on MSME hypothecation and mortgage for bank loans
UnverifiedTo Reduce stamp duty to MSME for hypothecation and equitable mortgage for bank loans.
Indian National CongresslowJun 20260
On Trackmedium confidenceEconomy
Jeans/Apparel Park in Ballari (Rs 5,000 crore) to boost exports
Indian National Congress · Karnataka Legislative Assembly Election 2023
Last updated 18 Jun 2026
“To create a Jean Capital of India in Bellary to boost exports to expand employments opportunities by creating an Apparel park by investing Rs 5000 Cr.”
From the Indian National Congress manifestoView Manifestop.16
Our Assessment
mediummedium
On track. The promise was to create a 'Jean Capital of India' in Ballari with an apparel park (Rs 5,000 crore) to boost exports and employment. The Ballari Jeans/Apparel Park was included in the 2024-25 budget and the Textile and Garment Policy 2024-29; KIADB has acquired 154 acres for the project (with farmer compensation paid), and the state has set and revised plot pricing to attract textile and garment units. The park is being actively established but is not yet operational, and the Rs 5,000 crore figure is an investment-attraction target rather than committed spend.
Sources & Evidence
Related Promises
EconomyPending
Rs 1,000 crore Welfare Fund for low-interest loans to small traders
UnverifiedTo set up a Welfare Fund worth Rs 1,000 Crore to provide low-interest loans for small traders and shopkeepers to help revive key sectors of the local economy.
Indian National CongresslowJun 20260
EconomyPending
Start-up subsidy up to Rs 25 lakh and 6% soft loans up to Rs 1 crore
UnverifiedTo offer Start up subsidy upto Rs 25 lakhs and soft loan upto Rs One crore at 6% interest.
Indian National CongresslowJun 20260
Have evidence on this promise?
Help us track this promise by submitting news articles, government orders, or any other evidence you've found.
Submit Evidence