Coming: New Industrial Policy
TIMES NEWS NETWORK
Dharwad: The government will soon evolve a new industrial policy to boost industrial development in areas other than Bangalore.
Speaking to TOI, major and medium industries minister Murugesh Nirani said there has been good response from the industrialists to set up industries in North Karnataka. “Sixty-five projects, each worth Rs 50 crore, have been submitted to the government. We will soon convene a meeting of prospective investors and discuss the matter,” Nirani said.
Stating that Hubli-Dharwad will be developed as a special zone for the automobile industry, Nirani said Bijapur-Davanagere would be developed as a food-processing industry zone while Gulbarga and Bagalkot will have cement industries. Bellary will be developed as a steel zone.
He said the new policy will emphasize on decentralization of industrial growth. The industries will be asked to be self-reliant as far as water supply is concerned. They have to provide employment to the localites. Nirani said the government is ready to provide necessary facilities to the entrepreneurs to set up units. Barren and uncultivated land would be used for setting them up. “However, if they do not set up the industries after being allotted the land by Karnataka Industrial Area Development Board within three years, the land will be handed over to the farmers to whom it belonged earlier.”
Nirani, who is an engineer and an industrialist, said: “I am running industrial units in backward areas of Bagalkot district. I know the difficulties being faced by the entrepreneurs. The new policy would provide remedies to all such problems.”
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