4,248 crore from KIADB allottees.: Minister's instruction..!?

Krishanthini
A huge outstanding amount of Rs 4,248 crore is due from the plots allotted so far by the karnataka Industrial Area Development Board (KIADB) for setting up the industry.

A huge outstanding amount of Rs 4,248 crore is due from the plots allotted so far by the karnataka Industrial Area Development Board (KIADB) for the purpose of setting up the industry. Heavy and Medium industries Minister M. said that it should be collected strictly in the next four months. B. Patil has imposed a deadline.


He held a KIADB progress review meeting at Mineral Bhawan and warned that action would be taken against the secretaries of the board if they failed to collect within four months. This problem has existed since the inception of KIADB. According to the current figures, Rs 2,825 crore has been allocated from the 5,932 industrial units sanctioned by the board to the general category. have to come 741 crore under SC-ST categories. pending. In addition to this, he explained that there is 680 crores in the subsidy given to SC-ST categories.


A lot of people who got allotments from KIADB have left these allotments. Those who are at the final stage of setting up a business and getting a place in their name, have ₹2,100 crore in arrears. Strict action should be taken against such persons within four months and the outstanding amount should be recovered. He said that along with legal action, strictness should be shown to cancel the land sanction itself. KIADB should have taken such steps from the beginning. Then this situation would not have been created. In this matter, Patil gave a strict instruction that the secretaries of the board should take action in Samaropadi. In the meeting, Principal Secretary of industries Department S. Selvakumar, KIADB CEO Mahesh, Technical Adviser to industries Minister Aravinda Galagali were present in the meeting.


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