A day before Invest Karnataka-2016, the State government has reduced rental charges in Information Technology Park in Hubballi by 50 per cent.
The rent per square feet has been reduced from Rs. 20 to Rs. 10 to attract more firms to set up their units in the IT park. Sources in the State Secretariat said that the rent has been reduced since a lot of space remains vacant in the IT park.
205 courts
The Cabinet has decided to establish 205 courts with presiding officers and necessary staff for an estimated cost of Rs. 120.74 crore. The State had asked the Centre to bear 50 per cent of the cost needed to set up the courts, but it has rejected the plea. It has decided to abolish all fast track courts and make them regular courts.
The government has decided to seek Rs. 547 crore from the Centre under the Accelerated Irrigation Benefit Programme (AIBP) for 474 ongoing works of irrigation.
The State Cabinet has given time till March 31, 2016, for an expert forest committee to submit a report on the extent of deemed forest area in Karnataka. The government will, later, take a decision and file an affidavit in the Supreme Court on the issue.
Cultural policy
The Cabinet has deferred from taking a decision on the new cultural policy formulated by the Kannada and Culture Department, sources said. Additional Chief Secretary V. Umesh has been appointed member of the Karnataka Administrative Tribunal.
