No irregularity in govt clearing sale of 3,666 acres to JSW Steel: Karnataka minister
Jindal Steel. He emphasised that the Cabinet has decided to implement the order issued on May 6, 2021, during the B S Yediyurappa-led BJP government, following a High Court directive on March 12, 2024.
Karnataka Cabinet on Thursday gave its approval for executing an absolute sale deed for 2,000.58 acres of land at Kurekuppa and Toranagallu villages in Sandur taluk, and 1,666.73 acres of land at Toranagallu, Musinayakanahalli and Yerabanahalli, in favour of JSW Steel.
JSW Steel will get 2,000.58 acres at Rs 1.22 lakh per acre and 1,666.73 acres at Rs 1.50 lakh per acre.
Patil dismissed Deputy Leader of the Opposition in the Legislative Assembly Aravind Bellad's accusation of an «internal agreement», in the matter as baseless.
«If there has been any internal agreement, it must be with his own party (BJP),» he retorted, according to a statement from the minister's office.
Noting that Jindal Steel had approached the High Court because the order issued by the Yediyurappa government was not implemented, the minister said, the court subsequently directed that the order be followed, and accordingly, the current government has taken the decision.
Jindal Steel has invested Rs 90,000 crore in the state, creating 50,000 jobs, he further said, and cautioned that failing to execute the lease-cum-sale deed, even after compliance with the government's terms, would send the wrong message to investors.
«Our government has not extended any concessions to Jindal Steel, unlike the BJP, which granted concessions to Chanakya
