Karnataka govt put on hold the decision to sale of land to JSW in Ballari district

Karnataka govt put on hold the decision to sale of land to JSW in Ballari district

Agency News

Bengaluru, June 10: In the wake of severe opposition to the proposed sale of over 3667 acres of land to the steel giant JSW
in mineral rich Ballari district from both the ruling and opposition party leaders, the Karnataka government has decided to put
on hold the sale of land to the company, top government sources said on Monday.
According to highly placed sources, Chief minister H D Kumaraswamy, had decided to defer the issue of sale of land to Jindal
owned JSW, following stiff opposition came from not only from the Opposition ranks, but also from within the coalition circles.
The state cabinet, which met here on May 27 had gave its stamp of approval for the proposed sale of land to the Steel giant JSW,
below the guidance as well as market value.
While the Industries minister K J George had defended the decision to hand over huge tract of land to the JSW, former minister
and senior Congress leader, H K Patil, had openly questioned the controversial decision and had also shot off letters to the
Chief minister on the issue.
Mr Patil, while opposing the sale of land to Jindal, had charged the company had violated the lease conditions, and also owes a
huge amount to state owned Mysore Minerals Limited, accounting over Rs 2000 crore.
The Opposition BJP had also objected to the Government’s decision to hand over the land to JSW at a throw-away price and had
threatened to launch a state-wide protest, if the state government failed to rescind its decision.
The KPCC president Dinesh Gundurao, in his attempt to douse off the fire on the issue, had tried to resolve the issue between
K G J George and H K Patil, in vain, as the leaders struck to their stance on the issue.