“We are amending section 109 of the Karnataka Land Reforms Act in the ensuing budget session of the assembly in March to enable investors buy lands from farmers in the state directly in a month, ” Yediyurappa told reporters here on return from the 50th World Economic Forum annual meeting at Davos in Switzerland from January 21-24.
State Industries Minister Jagadish Shettar said of the 30,000-acre land bank earmarked for industrial development across the state, about 12,000 acres was ready for allotment to investors. Clarifying that section 109 of the Land Reforms Act would not be removed but amended for the benefit of the farmers and investors, the Chief Minister said his government was committed to provide ease of doing business in the state so as to attract global investment in diverse verticals, especially infrastructure, services, manufacturing and agriculture to double the farmers’ income.
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