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Karnataka tops in investment proposals, claims Minister
By IANS |
Published on
Tue, Dec 29 2020 23:42 IST |
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Karnataka Industries Minister Jagadish Shettar.. Image Source: IANS News
Bengaluru, Dec 29 : Karnataka ranked first in the country with investment proposals worth Rs 1,54,937 crore despite the coronavirus pandemic over the last ninemonths, claimed state Industries Minister Jagadish Shettar on Tuesday. According to the Department for Promotion of Industry and Internal Trade (DPIIT) of the Union Ministry of Commerce and Industry, 95 investment proposals amounting to Rs 1,54,937 crore have been registered in Karnataka, said Shettar at a webinar, organised by apex trade body Assocham here.
The state government approved 410 projects with investments worth Rs 82,015 crore between August 2019 and December 2020, within days after the ruling BJP returned to power on July 26, 2019.
Dropping Law Minister from panel on BMIC raises eyebrows
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Cabinet reconstitutes sub-committee formed in February
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Cabinet reconstitutes sub-committee formed in February The State Cabinet’s decision to drop Law Minister J.C. Madhuswamy from a sub-committee formed in February 2020 to resolve legal disputes related to land acquisition for the Bangalore-Mysore Infrastructure Corridor (BMIC) project has drawn the ire of activists fighting for farmers in the case.
Mr. Madhuswamy had reportedly taken a strong stand that all excess land notified for the project must be returned.
The Cabinet sub-committee is tasked with implementing the recent Supreme Court order that said the project should be implemented strictly according to the Framework Agreement (FWA). The agenda of the first meeting of the sub-committee included release of excess land from preliminary notification and revision of the outline development plan as per the FWA, sources said. The