Large and Medium Industries Minister Jagadish Shettar said that entrepreneurs, in every district including Bengaluru, are facing problems related to land acquisition, electricity, license among others. To address these problems immediately the State Government has decided to introduce “Industry Adalat” in every district, he said. Any problem faced by the entrepreneurs will be faced at the Adalat, he added.
He was speaking after attending a roundtable meeting with members of Federation of Karnataka Chambers of Commerce and Industry (FKCCI) at Shri MV Auditorium today.
The global investors’ meet, which was supposed to be held in the month of January has been postponed to November, 2020, he said. He further added that the Invest Karnataka Hubballi will be held in February. In this regard, he said, a road show was held in Mumbai recently and major industry leaders have been invited for the meet. Minister Shettar said the investors have shown keen interest in investing in Hubballi, Dharwad and Kalaburagi regions and have promised to send their teams to study the availability of infrastructure facilities in these regions.
The Large and Medium Industries Minister said Industrial development will be undertaken in tier two cities too. The two tier cities are well-equipped with infrastructure including airport facility. Two tier cities offer land at an affordable rates, he added. Due to lack of information, these cities did not receive investments from investors and entrepreneurs. The focus will be to make way for industrial development in these parts of the state, he said.
New industrial policy: The new industrial policy is at the final stage of preparations. It is being prepared after obtaining suggestions from indsutrial organisations and industrialists. The policy introduces regional authority and provides concessions in GST and other facilities for small scale entrepreneurs, he explained.
New policy: The Minister said that there are confusions regarding methods of tax collection at City Municipal Council, Town Municipal Council and Gram Panchayat level. Deliberations are on to introduce uniform tax policy in order to clear confusions, he said.
Township: The Minister extended his support to setting up industrial township and said the township will benefit industrialists. This will also bring in separate financial aid, he said and added that measures are being taken regarding setting up an industrial township.
The presidents and leaders of Industrial organisations expressed their grievances at the meeting. Gunjan Krishna, Commissioner, Industrial Development and Director, Industries and commerce and Janardhan, President of FKCCI were present.