75 cent concession for Backward Classes to buy industrial sites: Nirani

By NT Correspondent

Mysuru: Karnataka Industrial Areas Development Board ( KIADB) will give 75 per cent rebate on industrial plots for backward classes to set up Industry, said Large & Medium Scale Industries Minister Murgesh Nirani.

Speaking after inaugurating a ‘Be entrepreneur Give Jobs’ programme here on Thursday, he said even entrepreneurs belonging to the Scheduled Castes and Scheduled Tribes are eligible to get 75 per cent concession while buying industrial sites from Department of Industries or the Commerce Department. People participating in the programme online after registration of names who want to become entrepreneurs, would be given a month of free training.

Such people can become entrepreneurs and give jobs too. Experts have given all details on what type of industry they should set up, where and why. The goal can be reached if they have the zeal to achieve it. A similar programme would be conducted in the coastal belt too, he said.

Nirani said tier-2 and tier-3 cities have a conducive atmosphere to set up industry similar to Bengaluru. The architect of modern Mysore, Sri Nalvadi Krishnaraja Wadiyar was his role model for the promotion of industries in the state.

“I have started 21 industries and given employment to 72,000 persons,’’ he added. Karnataka is the first state in the country to attract 42 per cent Foreign Direct investment and has maintained this record in the last three quarters of 2021-22.

Municipal Administration and SSI Minister MTB Nagaraj called upon everyone work with utmost dedication to reach the goal.

“I started a brick unit in a small way and now it has grown into a big industry,’’ he said. Mysore Chamber of Commerce & Industry President Lingaraju, Industries and Commercial Department Commissioner Gunjan Krishna and KIADB CEO Dr N Shivashankar were present.