Karnataka CM Urges Swift Action on Investment Approvals

Karnataka Chief Minister Siddaramaiah has issued a stern warning to officials delaying investment proposal approvals, stressing the need for expedited No Objection Certificates. Highlighting the state’s attractive investment environment, Siddaramaiah emphasized swift action to address approval delays and urged coordination among departments to foster industrial growth.

Karnataka Chief Minister Siddaramaiah has warned officials of repercussions for delaying investment proposal approvals, cautioning against citing court orders as an excuse. He emphasized the need to shorten the timeframe for issuing No Objection Certificates (NOCs) to prevent hindrances to the state's investment climate.

During a meeting at Vidhana Soudha focused on attracting capital, Siddaramaiah insisted on reducing the time limit for various NOC processes, including land use changes, and called for a comprehensive proposal to expedite this timeline. He highlighted the necessity for prompt amendments to address delays in approvals from pollution control and fire departments.

The Chief Minister underlined the importance of departmental coordination in providing essential infrastructural support, such as roads, water, and electricity, to encourage industrial activity. Karnataka's recent successful attraction of Rs 10.27 lakh crore in investments was noted, with emphasis placed on the steady execution of these proposals.

(With inputs from agencies.)