Bengaluru (PTI): The Karnataka government's ambitious "Knowledge Health Innovation Research-City" (KHIR-City) project, touted as the first of its kind in the country, is set to be launched on September 26.

The Chief Minister Siddaramaiah is slated to give the green signal for the works in the first phase of the project at a ceremony in 'Vidhana Soudha', official sources said.

The sources said the project would be established on 2,000 acres, with the first phase being developed on 500 acres. "The project with an estimated investment of over Rs 40,000 crore is expected to generate around one lakh jobs -- both direct and indirect," an official said.

KHIR-City draws inspiration from global innovation hubs such as Singapore's Biopolis, and Research Triangle Park in the US, the sources said.

Elements from Bengaluru's Electronics City will also be incorporated into the project, located between Doddaballapura and Dobaspet, about 50 km from Kempegowda International Airport.

The KHIR-City is expected to make a significant contribution to the state's economy and boost exports, the official said, adding, it will be home to world-class universities, hospitals, innovative industries, and research institutions.

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Belagavi (Karnataka) (PTI): The state Assembly on Tuesday passed 12 bills, including the Karnataka Rent (Amendment) Bill.

The objects and reasons of the Rent Bill said that it has been introduced to achieve the principle of "Minimum Government Maximum Governance" by decriminalisation minor offences and rationalization of monetary penalties as envisaged in the Jan Vishwas (Amendment of provisions) Act, 2023.

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The amendment says that if any landlord or tenant fails to present copy of the lease agreement for registration as required under clauses (a) or (b) of sub-section (3) of Section 4 or fails to file the particulars as required under the proviso thereto, he shall on conviction be punishable with a fine up to Rs 2,000 or with simple imprisonment for a month or both. The same is applicable to middlemen involved in it.

The other bills that were cleared are the Karnataka Land Revenue (Second Amendment) Bill, The Greater Bengaluru Governance (Second Amendment) Bill, Sri Malai Mahadeshwaraswamy Kshethra Development Authority (Amendment) Bill, The Chandraguthi Shree Renukamba Kshetra Development Authority Bill and Shree Chamundeshwari Kshetra Development Authority and Certain Other Laws (Amendment) Bill.

The Karnataka Cine and Cultural Activists (Welfare) (Amendment) Bill, Karnataka Labour Welfare Fund (Amendment) Bill, Karnataka Hindu Religious Institutions and Charitable Endowment (Amendment) Bill, Karnataka State Universities (Second Amendment) Bill, Bayaluseeme Development Board (Amendment) Bill and Malnad Area Development Board (Amendment) Bill were also cleared.