' ₹16,000 subsidy for 5,000 jobs': HD Kumaraswamy questions US firm in Gujarat getting incentives, clarifies later

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₹3.2 crore in subsidies for every job it creates" in Gujarat.“The new manufacturing unit will generate about 5,000 jobs. For this, we are giving them $2 billion [around 16,000 crore] in subsidies... If you calculate, that’s 70% of the company’s total investment," Kumaraswamy was quoted by the Times of India as saying on Friday.The Union minister said he had asked officials "how justifiable it is to allocate such a significant amount of funds".

He also questioned the benefits given to small-scale industries."Conversely, there are small-scale industries... In Peenya (an industrial estate in Bengaluru), there are small-scale industries. How many lakh jobs have they created? What benefits have we provided to them? I am contemplating these matters, such as how to safeguard the nation’s wealth," Kumaraswamy reportedly said.He was speaking to party workers upon returning to Bengaluru after joining the third Narendra Modi government.Opposition leader Priyanka Chaturvedi said Kumaraswamy raised a "valid question".

She posted in X, "In Gujarat, promise to create 5000 jobs, subsidies worth USD 2 billion given to US based semiconductor manufacturer. For each job created GoI has given a subsidy of 3.2 crores."Kumaraswamy's JD(S) party is part of the BJP-led NDA government at the Centre. He took over as the Union Minister of Heavy Industries and Public Enterprises of India in Prime Minister Narendra Modi government last week.