Former Chief Minister and Karnataka Janata Party (KJP) Floor Leader in the Legislative Assembly B S Yeddyurappa urged Chief Minister Siddaramaiah to speak to the authorities of Posco, a South Korea based company, which has shelved its proposal to set up a steel plant in the state, following delay in allotment of land.
Participating in a debate on the Budget, he said the previous BJP government had held the Global Investors’ Meet in Bangalore and had attracted investment worth crores of rupees.
Posco is one of the major steel giants of the world and it selected Karnataka to set up a mega steel plant which would have generated a lot of employment.
However, the government delayed the handing over of more than 3,000 acres of land in Gadag district and it forced the company to shelve its project, he noted.
Yeddyurappa said it would send a wrong signal to prospective investors and this may affect industrial growth in the State.
He said Chief Minister Siddaramaiah should initiate a dialogue with the company authorities and convince them to reconsider their decision.
“Karnataka is in need of value added steel companies as it helps in industrial growth of the State,” he said.
He wanted the State government to extend the Anna Bhagya scheme to the Above Poverty Line (APL) card holders too.
Most of the Above Poverty Line card holders fall under middle-class income category and they could be given rice at least at Rs10 per kg.
The price of rice has crossed Rs 50 per kg in open market and they are facing hardships, he explained.
The KJP leader, while appreciating the State government for implementing the scheme, sought to the stock of rice for the coming months.
The government intends to buy rice at Rs 22.60 per kg from the Chhattisgarh government when rice mill owners are ready to sell at Rs 19 per kg here.
If the rice is available at cheaper rates here, why the government should buy it from another state, he questioned.