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Subsidised power for IT sector

Staff Correspondent

The idea is to encourage it to set up units outside Bangalore, says Yediyurappa


  • Yediyurappa, Kumaraswamy to meet Prime Minister and Murli Deora on oil prices
  • Cabinet expansion will take place soon: Yediyurappa

    DAVANGERE: The proposed industrial policy envisages providing power at a subsidised rate to small-scale industries and IT and Biotechnology sectors that open units in the districts, Deputy Chief Minister B.S. Yediyurappa has said.

    This had been done to promote small-scale industries and encourage IT and BT companies to set up units outside Bangalore.

    Talking to presspersons at Honnali on Sunday Mr. Yediyurappa said that most of the small-scale units were in a bad shape and the Government wanted to rejuvenate them.

    The Government was also contemplating to cut the sales tax on petrol and diesel in order to reduce the burden on the common man in the wake of the hike in the fuel prices by the Centre, he said.

    Mr. Yediyurappa said he and Chief Minister H.D. Kumaraswamy would soon meet Prime Minister Manmohan Singh and Petroleum Minister Murli Deora and appeal to them to reduce the prices.

    Mr. Yediyurappa said the Cabinet expansion would take place soon. The Deputy Chief Minister said he and Mr. Kumaraswamy would soon finalise the list of the new Ministers.

    Since the excellent tax collection in the State had been good, the Government was planning to build roads at a cost of Rs. 150 crore. The Public Works Department would be assigned the task.

    Our Shimoga Special Correspondent reports:

    Mr. Yediyurappa, while criticising the hike in petrol and diesel prices, has said: "the Government has an open mind on reducing the sales tax on them."

    Talking to presspersons here on Sunday, he said that neither Prime Minister Manmohan Singh nor Union Minister for Petroleum Murli Deora had the moral right to ask State governments to reduce sales tax on petrol and diesel.

    He said that the UPA Government had increased the rates of petrol and diesel four times since it came to power, without any concern to the problems it would cause to the common people.

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