Don’t miss the latest developments in business and finance.

KTK Cabinet sub-committee under CM on special package for

Image
Press Trust of India Bengaluru
Last Updated : Aug 02 2018 | 10:00 PM IST

The Karnataka cabinet today decided to constitute a cabinet sub-committee under the leadership of Chief Minister H D Kumaraswamy to decide on giving special package of incentives to industries.

Speaking to reporters after a cabinet meeting, Law and Parliamentary Affairs Minister Krishna Byre Gowda said the cabinet sub-committee headed by the Chief Minister, based on criteria such as proposed investment, job creation and other factors, will decide on giving special package of incentives.

"Industries department gives special package of incentives for mega projects, ultra projects and super projects, under industrial, textile and aerospace policies.

For this we have set up a cabinet sub-committee," Gowda said.

The sub-committee will also have Industries Minister, Small Scale Industries Minister and Revenue Minister as its members, he said.

Gowda said the cabinet has also decided to give a grant of Rs 15 crore to National Centre for Biological Sciences (NCBS), located in Bengaluru, for setting up a Centre of Excellence in Agri Innovation, to support innovations and startups in the field of agriculture, horticulture and animal husbandry.

The cabinet has approved Rs 114 crore for Koppal Government Medical College, Rs 112 crore for Gadag Government Medical College;

Also Read

First Published: Aug 02 2018 | 10:00 PM IST

Next Story