Latest news with #KIADB
Time of India
2 hours ago
- Business
- Time of India
Price of sold land can't be reduced as per later revision in allotment cost: Karnataka high court
Bengaluru: A person who was allotted land at a higher rate cannot seek a reduced rate in the wake of a change in the allotment cost, the high court has said. Justice Suraj Govindaraj made this observation while dismissing a petition filed by Hadee Forging Private Limited, Bengaluru. The company was allotted 2 acres of land by the KIADB at Jakkasandra Industrial Area, Malur taluk of Kolar district, at a price of Rs 1.4 crore per acre. This was based on the meeting held on March 30, 2016. The company established the industry. Thereafter, they came to know that two other industries in the same area were allotted land at Rs 88 lakh per acre, based on the decision taken at the board meeting of KIADB on April 5, 2016. They then approached KIADB, seeking a reduction in their allotment price, contending that they deserved equal treatment and citing losses. As the request was rejected, the company moved the high court. Justice Suraj Govindaraj pointed out that the other two companies were involved in business logistics and hence stood on a different footing. Suffering losses cannot be a ground for reduction in the allotment rate. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo The allotment rate was the same for all allottees, the judge noted. "The fixation of price is a policy decision to be taken by the state and its entities, regarding which this court cannot intervene. It is only the decision-making process of such price fixation that could be subject to judicial review and not the price fixed as such. In case the petitioner was allotted the land at Rs 88 lakh per acre and KIADB increased the price to Rs 1.9 crore a week thereafter, the board could not have asked the petitioner to pay the difference amount," the judge added.
Time of India
20 hours ago
- Business
- Time of India
55% employment to Kannadigas in group A, B in all industries: Patil
Dharwad: The state govt is committed ensure employment to Kannadigas in industrial sector and it has brought in a new policy regulating the industries setting up their units in Karnataka to reserve jobs for Kannadigas, said industries minister MB Patil. Tired of too many ads? go ad free now Speaking to reporters in Dharwad recently, he said that as per the new policy, the industries have to reserve 55% of jobs for Kannadigas in A and B categories, while the reservation in group C and D is capped at 75%. The industries too have agreed to the concept and hence emphasis has been laid to provide more employment opportunities to Kannadigas, he said. Patil stated that the Global Investors' Meet has been a success. It attracted proposals worth Rs 10 lakh crore. "We expect at least 70% of these proposals turn into a reality and the department is constantly following up with the companies", he added. The govt, in a bid to correct regional imbalance and facilitate setting up of industries in tier-two cities, has launched 'Beyond Bengaluru' scheme. The GIM too has focussed on this policy. 75% of the proposals have been asked to look for land outside Bengaluru and 40% of them in North Karnataka. Therefore, there will be industrial boom in North Karnataka very soon, he added. On FMCG cluster in Hubballi-Dharwad, Patil acknowledged that the land prices have shot up and the govt has nothing to do with it. Many farmers whose lands were identified for acquisition have moved to the courts seeking better compensation. Based on the verdicts of the courts on compensation, the KIADB has fixed the final price. However, the department is in constant touch with firms willing to set up FMCG units, he added. Tired of too many ads? go ad free now Patil said NIDAC has set up its plant at Belur Industries in Dharwad and the plant has come up with an estimated cost of Rs 600 crore. It will generate 800 direct and 900 indirect employment thus supporting 3,000 families. The company which manufactures batteries and convertors in collaboration with Japan and France has plans to expand its operation and will generate over 4,000 employment in next two years, he said. The product will be exported to US and other countries.
The Hindu
2 days ago
- Business
- The Hindu
55% reservation for Kannadigas in Group A, B jobs, says Minister
Minister for Large and Medium Industries and Infrastructure Development M.B. Patil has said that the under the revised industrial policy, industries will be required to reserve 55% of jobs for Kannadigas in Group A and B categories, while it will be 75% reservation for Group C and D categories. Speaking to presspersons in Dharwad on Monday, Mr. Patil said that industries have accepted these conditions and the State government has set its eyes on creating more employment opportunities for local residents. Stating that the recent Global Investors Meet (GIM) resulted in investment proposals worth ₹10 lakh crore, the Minister said that they are expecting that at least 70% of the proposals will materialise. The Minister said that in line with the Beyond Bengaluru initiative of developing tier-2 and tier-3 cities, 75% of the proposals are directed towards seeking land outside Bengaluru with 40% of them targeted for North Karnataka. To a query regarding the FMCG cluster in Hubballi-Dharwad which is in a limbo, the Minister admitted that there is a rise in land prices and clarified that the government has no direct control over it. Mr. Patil said that several farmers whose land are identified for acquisition have approached courts seeking higher compensation and based on court rulings, the Karnataka Industrial Areas Development Board (KIADB) has finalised compensation rates. He, however, clarified that despite the challenges, the department is in regular touch with FMCG companies. Highlighting the establishment of NIDAC's plant at Belur Industrial Area in Dharwad built at an estimated cost of ₹600 crore, Mr. Patil said that the plant is expected to generate 800 direct and 900 indirect jobs. He also said that the company has expansion plans and has set a target of creating over 4,000 jobs in the next two years.
The Hindu
2 days ago
- Politics
- The Hindu
Minister to write to CM urging him to protect the interests of Belagavi
District in-charge Minister Satish Jarkiholi will request Chief Minister Siddaramaiah to protect the interest of Belagavi district with regard to the issue of water diversion from Hidkal dam to Dharwad industrial area. He told reporters that three departments have already allowed water diversion. Work is under way by KIADB in Dharwad. About 110 km away. They are carrying water to the Dharwad industrial area through a pipeline. 'However, there is no clarity on the amount of water being diverted. I will hold a meeting with officials concerned and write a letter to Chief Minister Siddaramaiah urging him to protect the interests of Belagavi,' the Minister said. Responding to actor Kamal Haasan's statement about the origin of Kannada language, the Minister said that it is highly condemnable. 'Kannada language has a history of thousands of years. The actor does not know it. He should first apologize to Kannadigas,' Mr. Jarkiholi said.
Time of India
6 days ago
- Business
- Time of India
Power denied to 5,500 Karnataka units over OC rules
Occupancy Certificate Commencement Certificate KJ George We understand difficulties housing and industrial sectors face due to mandatory OC for electricity connections, seeking a practical solution –Energy Minister KJ George While neighbouring states like Andhra Pradesh are rolling out red carpets to attract Karnataka-based industries, the Karnataka government has denied electricity connections to nearly 5,500 small-scale industries, citing the lack of(OC) and(CC). This move has triggered widespread concern and backlash from the state's industrial a new regulation effective April 4, the state has made it mandatory for industrial units and sheds similar to residential andcommercial properties—to obtain OC and CC before securing electricity connections. However, small and medium entrepreneurs argue that the rule is arbitrary and has disrupted operations across the to the Karnataka Small Scale Industries Association (KASSIA), several units despite completing internal wiring and paying necessary fees—have been denied power solely because they are situated on B Khata or revenue land and lack the required certificates. Many of these entrepreneurs have invested crores in setting up manufacturing units, poultry farms, and dairy operations, only to face critical delays due to power denial.'We fully understand the difficulties that housing and industrial sectors are facing due to the mandatory Occupancy Certificate requirement for electricity connections,' said Energy Minister, addressing growing unrest among industrialists. 'The Chief Minister has already directed the Chief Secretary to study the issue and submit a detailed report. This matter is being taken seriously and is under active consideration in the Cabinet.'George added that while the state is bound by a Supreme Court directive mandating OCs for utility connections, the government is working on a practical solution. 'We are exploring a by-law amendment to mitigate the impact. Once the Chief Secretary's report is submitted, the Cabinet will take a decision that balances legal compliance with public interest,' he government is citing a 2020 Supreme Court ruling (2.170/2020), which instructed authorities not to provide utilities such as water and electricity to buildings without sanctioned plans or those violating building norms. Based on this, the Karnataka Electricity Regulatory Commission (KERC) issued a directive on March 13, instructing all ESCOMs to deny power without industry bodies have pushed back, saying the government is misinterpreting the order. They question why Karnataka is enforcing the rule so stringently while other states continue to encourage industrial activity. Only 6% of industries in the state are located on approved KIADB or KSSIDC plots. The remaining 94% operate from B Khata or revenue lands, particularly in rural and semi-urban areas.
