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The Government of Karnataka is planning to cut application fee for setting up industries in the State by 50 per cent.
While speaking at CII Karnataka's annual meet, Ratna Prabha, Additional Chief Secretary, Karnataka Industries Department, said the fee cut is likely to come into effect from April 1, 2015.
The application fee for setting up industries ranges from ₹30 lakhs for the big industries to ₹30,000 for the smaller ones.
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