Terming his four-day visit to Davos to attend the World Economic Forum meet as "fruitful," Karnataka Chief Minister B S Yediyurappa on Saturday said his government has decided to amend the Land Reforms Act, aimed at allaying concerns of investors over delay in acquiring land.
"The investor's side (during the meet) had some doubts and opposition to cumbersome procedures in starting their units and we assured them of solving all their problems.
For example, they complained of delay in acquiring lands and we told them that rules will be simplified and even we told them about amending rules under relevant act," Yediyurappa told reporters here.
Assuring that the necessary changes will be made at the earliest, he said we would rectify all administrative problems within a month or two and legal problems in next couple of months by amending existing laws.
The Chief Minister who had begun his Davos tour on January 19, returned to the city on Friday afternoon.
Yediyurappa said he has held discussions with Industries Minister, Chief Secretary and officials, on his return, regarding concerns expressed by the investors, and has decided to takes some immediate actions.
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"To purchase land for industrial purpose, under theKarnataka Industries(Facilitation)Act, 2002, the State High Level Clearance Committee (SHLCC) and a state-level single-window clearance is required.
After the proposal is cleared, for approval under Section 109, the process has to be completed in 30 days if not such applications will get deemed permission. We will amend the law, we've already discussed this and it'll be done," he said.
"Second, anyone who owns agricultural land and wants to get land use conversion for non-agricultural purposes, the process will be simplified online;