Serious allegations of corruption and financial impropriety as well as conflict of interest have come back to haunt Murugesh Nirani, a senior state BJP leader and Karnataka’s new industries minister.
Karnataka clears ₹13,500 cr investment plans
May 12, 2021
BS Yediyurappa - The Hindu×
A bunch of industrial investments in diverse sectors were cleared at the 56th State High Level Clearance Committee meet
Grasim Industries, JSW Techno and Shree Cement are some of the companies which have received clearances for their projects from the Karnataka government on Wednesday.
The State government cleared investment proposals worth ₹13,487.11 crore at the state’s 56th State High Level Clearance Committee (SHLCC) meeting, held under the leadership of Chief Minister BS Yediyurappa. The proposals comprised nine new projects and one additional investment proposal, which has a potential to create employment for 6,256 people.
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Karnataka clears investment proposals worth Rs 26,659 crore and potential to generate 13,341 jobs
Synopsis
Investments cleared in the 55th SHLCC meeting include two proposals by Elest Pvt Ltd in Hubli/Dharwad - one worth Rs 14,255 crore on 85 acres of land for electric vehicle manufacturing, with a potential to generate employment for 867 people.
Agencies
Chief Minister B S Yediyurappa
Bengaluru: The State High Level Clearance Committee (SHLCC) meeting chaired by Karnataka Chief Minister B S Yediyurappa on Monday cleared five projects with an total investment potential of Rs 26,659 crore and can generate employment to 13,341 people. Investments cleared in the 55th SHLCC meeting include two proposals by Elest Pvt Ltd in Hubli/Dharwad - one worth Rs 14,255 crore on 85 acres of land for electric vehicle manufacturing, with a potential to generate employment for 867 people.