Large and Medium Industries Minister Murugesh R. Nirani on Friday said that his department has prepared a plan to revive loss-making public sector undertakings and make them profitable. On the use of land allocated by the Karnataka Industrial Area Development Board (KIADB) for setting up industries, Mr. Nirani warned against its misuse. “Those who obtained land to set up industries from KIADB must use it for the same purpose. There is no provision to use KIADB land for other purposes. The Minister said that the government was planning to use 21 acres belonging to Mysore Lamps and NGEF to build theme parks.

Source: The Hindu August 13, 2021 20:15 UTC