Bengaluru, Jan 25: To address the grievances of the Industrialists, over the issue of acquisition of land, the state government have plans to dilute the Land Reforms Act, Chief Minister B S Yediyurappa, said here on Saturday.
Speaking to the media here, on his visit to the World Economic Forum, Davos, recently he said that 'the visit was fruitful and ends with satisfactory note by procuring promises from several Industrial houses to investment in Karnataka'.
Stating that during his five-day stay at Davos, he had met several Industries heads on the sidelines of the summit, and had an interactive meeting with them, Chief Minister said that 'the event had helped us to present our state Karnataka, to convince them about the prevailing industry-friendly environment'.
He said that he had met several heads of global companies, including Arcelor Mittal, Kirloskar, MAHINDRA, Bharat Forge, 2000 Watt, general electrical, Dassault, Dalmia, Lulu Group, Volvo, Nova Nosdik and Domeco.
'The interaction with the corporate heads was encouraging and more investment is expected to flow into Karnataka, in the fields of Mining, Power, Agriculture, Pharma, Education, and Industries.'
Informing that the main grouse expressed by the Industrialists about the bottlenecks being faced in the Land Reforms Act to procure land, he said that 'To make ease of conversion of Agricultural land we have plans to bring amendment and it would be both win-win situation to both Farmers as well as Industries.'
'We have promised them to remove all hurdles, which comes in the way of acquiring land to set up industries, and we have promised to rectify all the administrative problems within a month or two and legal problems in the next couple of months by amending existing laws.'
'We have also plans to present a new Industrial policy in the coming budget and roll out a comprehensive and investor-friendly law', he further said.
Replying to questions, Chief Minister said that 'all those investment proposals which got clearance at the High-Level Clearance Committee would automatically considered as ‘deemed permission’ and start the process of acquisition of land'.
'TheWorldEconomic Forum Summit had also served us as a platform to invite Industrialists to take part in the Karnataka Global Investors Meet scheduled to be held in November this year', he added.
Comments
SDPI ... No news.. Congress would have come with more seats if SDPI would Not contested.. last year they won few seats... i don't think they have not doing good job.. that's why lost seats preferably they should not be contesting for communal forces to win the election .. HOPE YOU LEARNT LESSON AND AVOID ELECTION SDPI
Shradha,
JNU row in DK? hahahahahahah.
What a connection you made. You may not be knowing overall Karnataka who is leading?
saleem na thigaldakutta
congress paid lots of money to the voters otherwise clean sweep.
historic victory for bjp, congress started downfall.
Siddaramaiah will lose his post soon, at the end ONLY wrist watch will remain for him,
congress da thigaldakatta
Outstanding performance by BJP - Mandate is against Congress.
Bjp has won 13 District Panchayats in Karnataka.I congratulate Bjp Team Karnataka for this spectacular victory. sorry for congress
what a bastion that BJP has just not being able to break. Not a single seat won in #Karnataka TP/ZP elections
JNU row, cant defeat BJP this is the answer for Truth.
BJP is in majority congress failed all over.
Ministers Like Khader will not lose. congrates khader
people know whom they should elect, the result is congress.
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