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Karnataka
By Our Special Correspondent
The Public Works Minister, Dharam Singh, today distributed compensation cheques for Rs 1.05 crore to those whose land had been acquired by the Karnataka Industrial Area Development Board (KIADB). The park will give a fillip to agriculture, horticulture, and food processing units in the region. Mr. Singh told presspersons here that many multinational companies, including Hindustan Lever Ltd., Pepsi, and Coco Cola, involved in the agriculture and food-processing industry had evinced interest in establishing their units in the proposed park at Jewargi. He said the Centre had approved proposals to start food and agro-technology parks at Bagalkot, Malur, and Jewargi. Work on the parks at Bagalkot and Malur had commenced with the completion of the process of land acquisition. The work on the park at Jewargi would start soon with the process of land acquisition completed today. Mr. Singh said the Centre would provide Rs. four crore each to these parks for the development of infrastructure. The State Government would provide a matching grant of Rs. four crore and raise Rs. two crore from financial agencies. In the park to be established at Jewargi, 75 units would come up with a total investment of Rs. 100 crore and provide employment to 3,000 people. In the first phase of the project, the Government would spend Rs. 10 crore and another Rs. 10 crore in the second phase. He said that a two-year deadline had been fixed for the completion of works to help entrepreneurs set up their units at the proposed park. It would be a boon to the backward district of Gulbarga, which had been ranked far below in terms of development by the D.M. Nanjundappa Committee. Besides providing employment, the park would also allow research and development activities to boost the yield of crops such as red gram and jowar. The proposed park would have common cold storage and chilling plant, laboratories, and a commercial complex. The park was being established on the land adjacent to the Bheema from where water would be supplied to it, he added.
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