Toyota Auto Parts’ ₹250 crore investment and Sandur Manganese Iron Ore’s investment of ₹6,306 crore figure prominently in the list of projects cleared by the 36th Karnataka State high-level clearance committee (SHLCC).
The SHLCC, chaired by Chief Minister Siddaramaiah, has also cleared 13 projects with an investment of over ₹9,912 crore. The projects are expected to create 5,986 jobs in nine districts.
In the late evening meeting, the Chief Minister and his Cabinet colleagues, the State Chief Secretary and other senior officers cleared the investment proposals. During the year 2013-14 and 2014-15, the State Government has approved 254 projects with an investment of ₹42,956 crores, generating an employment to 1.72 lakh people.
Other new proposals cleared are the King Wood Décor investment of ₹703.78 crore, Micro Labs investment of ₹200 crore, Deerfield Logistics for ₹1,000 crore, Cataler India Auto Parts for ₹105 crore, Sree Angadi Dutta Sugars for ₹224 crore, and expansion proposals of Bilagi Sugar Mill, Gujarat Ambuja Exports, Sadashiva Sugars, EID Parry (India) Ltd.
The committee also amended the Industry Facilitation Act and decentralised powers to approve projects at district level Single Window meeting.
“Now, district level Single Window headed by the Deputy Commissioner has got powers to approve projects wherein cost of the project is ₹15 crore. A State Level Single Window Clearance Committee headed by the Chief Secretary to the Government has powers to approve projects wherein the cost of the project is between ₹15 crore and ₹100 crore. The State’s High Level Committee will approve projects above ₹100 crore.
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