TN government's intention to close down Sterlite Copper: CM
Chennai, June 26: Tamil Nadu Chief Minister K.Palaniswami on Tuesdary reiterated his government's intention to close down Vedanta Ltd's copper smelter unit - Sterlite Copper - in Thoothukudi.
He also said there is no need for calling a separate meeting of the cabinet and decide on closing down of the copper smelter.
Speaking in the assembly, Palaniswami noted that the government has been taking action one after another to shut down the smelter unit like the non-renewal of consent to operate sanction by the Tamil Nadu Pollution Control Board (TNPCB) and the disconnection of power supply.
He also wondered whether some leaders of political parties are creating trouble in Thoothukudi, fearing the goodwill the government would earn by shuting down the smelter unit.
Asking where was the need for a protest when the government is taking action, he said one could wonder whether the trouble was created to give a bad name to the government to gain political mileage.
Palaniswami said the government is doing what the opposition parties desire - the shutting down of the Sterlite Copper plant.
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Karnataka fast-tracks investment approvals, cuts red tape across key clearances: Minister Patil
Bengaluru (PTI): Karnataka Minister M B Patil on Saturday said the state government has fast-tracked approvals for investment projects and taken measures to cut red tape.
He said that since 2022, Karnataka has approved 2,028 projects worth Rs 5.11 lakh crore, which could create 7.16 lakh jobs.
Of these, Rs 69,564 crore has already been realised, generating 1.06 lakh jobs, he added.
“Karnataka fast-tracks approvals, cuts red tape,” the Minister for Large & Medium Industries said.
“Clear results of our government’s push to speed up approval processes are now evident. Not only have investment agreements been secured, but effective implementation is also underway,” he said in a post on X.
He added that simplified and swift approval processes are boosting investor confidence and providing greater impetus to industrial growth across the state.
“Karnataka’s investment-friendly environment is further strengthened by its culture of ease of doing business,” he said.
Noting that Karnataka is fast-tracking approvals and aligning departments and districts for on-ground delivery, the minister said: “We have overhauled 18 key approvals, cutting land use change clearance time from 120 to 45 days, fire NOC from 60 to 21 days, factory plan approvals from 30 to 14 days, and electrical approvals to just 10 days.”
In a competitive landscape, Karnataka is acting decisively to ensure faster decisions, fewer delays, and a truly pro-industry ecosystem, he added.
