Use coupon code TOP15 on all courses


Current Affairs

Karnataka Amends Industries Facilitation Act

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


Q.1 Recently Karnataka Government has amended which of the following act?
a. Industries
b. Education
c. Transport
d. Forest
Karnataka Amends Industries Facilitation Act Karnataka Amends Industries Facilitation Act Reviewed by Neha Verma on June 27, 2020 Rating: 5

No comments:

Join 8,000+ readers and get free notes in your email