Karnataka Cabinet to Examine JSW Steel Land Sale
The Karnataka cabinet has decided to constitute a cabinet sub-committee to examine the proposal on the sale of 2,000.58 acres land to JSW Steel in Ballari district and make a suitable recommendation. "It was decided in 2005 to give 2,000.58 acres of government land at a Kurekuppa village near Toranagallu in Sandur taluk of Ballari to JSW. To examine it, a cabinet sub-committee will be constituted," Law and Parliamentary Affairs Minister J C Madhuswamy said. The previous Congress-JD(S) coalition government too had constituted a four-member cabinet sub-committee headed by the then Home Minister M B Patil to examine the proposal, as its decision to convert the lease of about 3,667 acres to JSW Steel at Ballari into sale, in accordance with the initial agreement, had created a row. The committee already consists of Chief Secretary, Additional Chief Secretaries Urban Development, Finance, Revenue Department, among others. It has also approved the setting up of centre of excellence for efficiency augmentation by Karnataka government along with Software Technology Parks of India (STPI), which may cost about Rs 26.77 crore, he said.
Tags : ALLIED Karnataka JSW Steel urban development finance Land sale