High-level Committee Clears Projects Worth Rs. 22,155 cr.

The State High-Level Clearance Committee (SHLCC), chaired by Chief Minister Siddaramaiah, cleared five major projects totalling an investment of Rs. 22,155 crore, recently.

According to official sources, the committee has cleared five projects including that of an investment of over Rs. 20,000 crore by the Mangaluru Refinery Company Pvt Ltd. and another Rs. 1,920 crore by IT major Infosys.

Infosys has plans to establish a Special Economic Zone at Doddaghoonguru where it will invest Rs. 625 crore in over 10.04 acres. It also plans to invest Rs. 1,079 crore to establish a Software Technology Park at Konappana Agrahara and another Rs. 216 crore to set up another software park in Bengaluru’s Electronics City.

The committee has also cleared a proposal of Anthem Biosciences Pvt Ltd. with an investment of Rs. 235 crore.

In 2014-15, the state government had cleared 108 projects with an investment of Rs. 54,433.01 crore which were to provide employment opportunities to 56,101 people. In 2013-14, the government had cleared 255 projects involving an investment of Rs. 42,176 crore.

Industries Minister R V Deshpande, Chief Secretary Kaushik Mukherjee, Additional Chief Secretary Rathnaprabha and other senior officials were present on the occasion.


THE NEW INDIAN EXPRESS