Track project status on e-Udyami

 The State government on Friday launched e-Udyami, an online portal, which offers comprehensive information about investment process and helps investors track status of their projects with the government.

The portal www.advantagekarnataka.com shall offer information on number of days needed to get clearances from various government agencies for starting an industrial project.

Moreover, if a clearance is not obtained within a stipulated time, a complaint will get lodged with the Principal Secretary’s office automatically, said M N Vidyashankar, principal secretary to the Department of Industries and Commerce.

Investors who have signed memoranda of understanding (MoUs) with the State government can submit applications, remit  fees and seek clearances from various government departments online using the portal. To access the portal, an investor has to get an user login, Vidyashankar added.

Special package

After Chief Minister Jagadish Shettar launched the portal, Industries Minister Murugesh Nirani said the State government has decided to offer special package of incentives to only those who have evinced interest to invest in the backward regions of the State.

The four companies that have applied to avail the incentives are Hero Motors, TATA Motors, MRPL and Exide.

A Cabinet sub-committee headed by the chief minister will process the applications. The special package of incentives will be over and above the concessions offered as per the 2009-14 Industrial policy, Nirani added.

Of the 745 MoUs signed during the Global Investors’ Meet (GIM) 2012, nearly 30 per cent of the companies have already submitted time schedule for implementing the projects.

The State government hopes that at least 65 per cent of the MoUs will be implemented in the next five years.

Reacting to External Affairs Minister S M Krishna’s criticism of the GIM, Nirani said it was improper to politicise the meet which is aimed at the development of the State.
The Industries minister further took a dig at the Congress by saying that the GIM organised during Krishna’s tenure could not be compared with the meets organised by the BJP in 2009 and 2012.