CM to decide on pvt varsity status

The State Cabinet on Thursday authorised Chief Minister Jagadish Shettar to take an appropriate decision on granting private university status to various private institutes and organisations.

Primary and Secondary Education Minister Vishveshwara Hegde Kageri told reporters after the Cabinet meeting that the government has received about 12 proposals seeking private university status. “A lot of suggestions came in this regard in the Cabinet meeting. Hence, the chief minister was authorised to take an appropriate decision,” he added.

Among the proposals are Arka Private University Bill, 2012, Vellore Institute of Technology Private University Bill, 2012 and Manipal Private University Bill, 2012.

Besides, the Cabinet approved a scheme wherein the government will distribute saplings to farmers to grow various vegetables and fruits that are the source for vitamin ‘A’ and ‘C’ in districts coming under the Hyderabad-Karnataka region. The scheme is aimed at ensuring availability of ‘A’ and ‘C’ vitamins to people in the region. About 75 lakh saplings will be distributed in the next three years, the minister said.

Industrial policy

The Cabinet also gave its approval to bring in certain amendments to the State Industrial Policy 2009-14.

The amendments will enable companies setting up mega industries to avail VAT as interest free loan. It also reschedules loan repayment periods for investors, he added. The Cabinet gave its nod to the Union government’s proposal to set up National Investment and Manufacturing Zone (NIMZ) near Tumkur at an estimated cost of Rs 41,000 crore.

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