• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Focus on food processing

Bangalore , Aug. 24

The new industrial policy for 2006-11 approved by the State Cabinet proposes new industrial areas and a Rs 500-crore fund to improve facilities in new and existing industrial estates.

The policy also enables the infrastructure arm, KIADB or Karnataka Industrial Areas Development Board, to start new industrial areas of more than 500 acres across the State.

The Chief Minister is scheduled to formally unveil the policy on August 29, according to the Secondary Education Minister, Mr Basavaraj Horatti, who briefed newspersons on Thursday.

Proposals

An industrial development council headed by the Chief Minister, a committee on human resource development and a Rs 25-crore HRD fund are among the proposals.

The investment promotion agency Karnataka Udyog Mitra is to be strengthened.

Priority is being given to the completion of food parks at Malur, Bagalkot, Maddur, Hiriyur, Jewargi and Belgaum by next year and the SEZs at Hassan, Mangalore and Shimoga, the Minister said.

More Stories on : Industrial Policy | Karnataka

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
HM gets Bengal nod to sell surplus land

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line