Karnataka halts decision to sell 3,667 acres of land to JSW Steel

29 May 2021 CW Team

The Karnataka government has put on hold its decision to sell 3,667 acres of land to the JSW Steel in Ballari district amid opposition from within the ruling BJP and cases pending in courts.

Basavaraj Bommai, Law and Parliamentary Affairs Minister, told the media that the prior decision to lease land to Jindal has not been approved in today's cabinet meeting, so the earlier decision on this matter will be on hold. He further added that several cases are there and there is an appeal in the Supreme Court, there is Public interest litigation (PIL) in the high court based on which notices have been issued. After seeing all these things, we will make a decision in the coming days.

On April 26 the prior cabinet meeting had consented to sell 3,667 acres to JSW Steel Ltd in Ballari.

The BJP while in opposition had opposed an alike move and had even staged protests against the government's decision then.

The Congress-JD(S) coalition cabinet in 2019 had decided to turn the lease of 3,667 acres to JSW Steel into a sale, in accordance with the original agreement.

Blaming the Congress-JD(S) coalition government for leasing the land to the company at a cost of Rs 1.22 -1.50 lakh per acre, the BJP held a two-day round-the-clock sit-in which was then in opposition.

When BJP came to control, the matter was again referred to a cabinet sub-committee overseen by Industries Minister Jagadish Shettar, which urged the authority to accomplish the sale agreement.

They had termed the decision against the interest of the state, and against the BJP's battle against corruption. In 2005, the authority had decided to give on lease-cum-sale arrangement 2,000.58 acres to JSW.

Image Source

Also read: JSW Steel and JFE Steel Corp ink pact to conduct feasibility study

Also read: JSW Steel starts production at Dolvi plant in Maharashtra

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..