KIADB identifies 121,000 acres for acquisition

The Karnataka Industrial Area Development Board (KIADB) has identified 121,304.22 acres for acquisition under the land bank scheme in the state. Out of this, a preliminary notification has been issued for the acquisition of 57,016.29 acres and final notification for 28,917.16 acres.

Large and Medium Industries Minister Murugesh R Nirani said in a written reply in the Legislative Assembly here on Monday, “Farmersôland owners have protested the acquisition of 722.05 acres in Belagola and other villages in Mandya district, 2,000 acres in Shekroze, Pallapura and other villages in Gulbarga district and 62 acres in Konagavalli village in Shimoga district.”

The price advisory committee headed by the deputy commissioner of the district determines the rate of compensation with respect to the lands acquired in the district concerned by consent after giving a hearing to the farmers and considering their representations, Nirani said.

He said 339 projects with an investment of Rs 5,79,815.87 crore, cleared by the State High Level Clearance Committee (SHLCC) in the state during the last three years, have to be implemented. Similarly, 1,081 projects, involving an investment of Rs 19,100.79 crore approved by the State Level Single Window Clearance Committee (SLSWCC) in the state for the last three years have to be implemented.

The SHLCC has approved 66 proposals involving an investment of Rs 3,26,174.19 crore in the iron and steel sector. This is followed by the energy sector, which has seen 54 proposals with an investment of Rs 1,05,077.74 crore and the cement sector that has seen 21 proposals with an investment of Rs 26,501.29 crore.