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#101 |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
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'Forged' letter almost stalls housing project
TNN, Apr 9, 2011, 12.12am IST
BANGALORE: A mysterious forged letter almost stalled an investor's Rs 600-crore project for construction of houses for middle and lower income groups. The state government, during the Global Investors' Meet in July 2010, had awarded the project to investor A Alam Pasha, managing director, M/s Pash Space International Pvt Ltd. Five months later, the clearance was cancelled supposedly on his `request'. Strangely, the investor had made no such request and blamed the State High Level Clearance Committee (SHLCC) of fabricating and forging the company's letter to drop the project. The Times of India is in possession of these documents. Acting swiftly on the complaint, V P Baligar, outgoing principal secretary (industries and commerce) who is going to take charge as CMD, Hudco, ordered an inquiry. He told TOI: "Investigations show there is truth in the complaint. A photostat copy on the company's letter head has been inserted stating it was not interested in the project. The government has restored the project to the investor and the issue will be probed further on who was responsible for it.'' M/s Pash Space International Pvt Ltd had submitted a proposal to establish "Value Homes'' for the middle and lower income group at Devanahalli Industrial Area, Bangalore rural district. The MoU was signed during GIM and the SHLCC approved the project on June 19, 2010. The government order was issued on July 15, 2010. But, the SHLCC in its 24th meeting held on January 24, 2011, dropped the project citing a letter dated January 20, 2011 by the company officials. According to the government, the company had written a letter stating that it was `withdrawing' from the project. http://articles.timesofindia.indiati...ct-value-homes |
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#102 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
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‘Land in 24 hours for investors'
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#103 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
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Land notified for Posco
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#104 |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 8
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#105 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 8
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Karnataka identifies 1.21 lakh acres for acquisition
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#106 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 8
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Farmers wary of POSCO's imminent arrival in Gadag
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#107 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
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Yeddyurappa defends dry-land acquisition
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#108 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
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Gas pipeline project progressing rapidly
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#109 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
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Many Singurs in offing
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#110 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
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Posco could relocate to Bagalkot or Bijapur
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#111 |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 8
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#112 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
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It's smooth go for ArcelorMittal
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#113 |
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Registered User
Join Date: Aug 2009
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http://www.deccanherald.com/content/...nment-gim.html
BCIC partnering State government in GIM II The Bangalore Chamber of Industry and Commerce (BCIC), on Thursday, announced that it has been chosen as the partner organisation with the State government at the second edition of the Global Investors Meet, next year. It also said that it would be partnering the government at the agri summit to be held in November this year, wherein it has recommended the participation of Australia and the Netherlands as international partners. Addressing reporters at an interaction, BCIC President Vinod K Nowal urged that manufacturing must be developed in the country for faster growth. “India can grow. There is ample opportunity to enable industry and manufacturing to nurture that growth. The government must make the effort and help drive forward the economy by focusing on key factors such as infrastructure and power,” he said. The BCIC has been asking for proactive steps on part of the State government, in a bid to encourage development of those sectors which have great industry potential. Nowal opined, “Karnataka has better opportunities than most other states. There is barren land which can be used for industry, coupled with good skill potential owing to the number of engineering and technological institutes that are present here.” He also added that since the State also contains sufficient minerals, there is immense scope for industrial growth. He also called for man power development by establishing more ITIs and institutes to increase productivity, simultaneously developing industry to apply that productivity. Talking about steel industry, Nowal, the CEO of JSW Ltd, he pointed out that the State produces 13 million tonnes of steel annually and by 2020, the capacity is expected to grow to 20-25 million tonnes. “About 15 per cent of the country’s steel is produced in Karnataka. Further value addition in the form of engineering industries is needed if the industry must flourish, he said. Commenting on the present land acquisition row, he said that one must look for barren and fallow land to set up industries. He is also of the view that critics of industries should not just look at the immediate investment but the long term employment and income generation potential from a project. |
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#114 |
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Registered User
Join Date: Aug 2009
Posts: 4,283
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http://www.steelguru.com/indian_news...IC/213502.html
Offer barren land for setting up industries - BCIC Bangalore Chamber of Industries and Commerce suggest that Karnataka government should offer barren land for setting up industries. Mr Vindo Nowal director and CEO of Jindal Steel Works in his maiden press conference as president of BCIC said that “The state government should think twice before offering land to industries and should not offer agriculture land for any purpose including setting up industries.” He added that “To identify barren land in the districts, the government should evolve a hassle free mechanism for land acquisition. After selecting barren land for industries locating water source should not be a problem.” Mr Nowal said that “Information technology sector has limitations and it is manufacturing which has future in the state for it ahs large availability of engineering manpower, numerous institutes to give impetus.” BCIC is drawing up an action plan to bring manufacturing industries to Karnataka. The chamber has been chosen as the partner organisation by the state government for its second edition of Global Investors Meet planned for 2012 to lure investors. Mr Nowal further said that "BCIC will work with the state government in making the event successful and bring in more investors to the state.” He added that “The chamber is will shortly initiate a dialogue with the state government on kinds of packages to be offered as incentives for investors setting up industries in the districts.” |
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#117 |
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────✩
Join Date: Apr 2010
Posts: 6,487
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yellow red green white means what?
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#119 |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 8
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