New Student Offer - HELLO

Join Here

Karnataka Amends Industries Facilitation Act

Published on June 27, 2020
Current Context: The Karnataka Government has amended the ‘The Karnataka Industries Facilitation Act, 2002.
Karnataka Amends Industries Facilitation Act

  • The amendment is done at the state cabinet meeting chaired by Chief Minister B S Yediyurappa.
  • The amendment is done with an aim to facilitate and attract investment in the state.
  • As per the amendments, the industry does not need statutory permissions for the first three years to set up operations in the state.
  • Permissions like approvals under multiple state laws like trade license and building plan approvals which will promote ease of doing business and will create investment in the state.
  • Static Part: 
    • CM of Karnataka: BS Yediyurappa
    • Governor of Karnataka: Vajubhai Rudabhai Vala
    • National Parks of Karnataka: Nagarhole National Park, Bandipur National Park, Anshi National Park, Bannerghatta National Park, Malai Mahadeshwara WLS, Melkote Temple WLS, Nugu WLS

Question: 

Q.1 Recently Karnataka Government has amended which of the following act?
a. Industries
b. Education
c. Transport
d. Forest
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu