Bengaluru / Mysuru, Jan. 18 -- Plans to create Land Bank for future investments

In the backdrop of investment proposals worth billions of rupees getting delayed over issues including availability of land and in a bid to mop up land resources, the State Government is planning to reclaim unused industrial land and sites from investors and industrialists.

The State Government's move is as part of its efforts to create a large land bank for future investments. The Industries Department plans to insert a clause in this direction in its new industrial policy which will be announced very soon, said Industries Minister Jagadish Shettar in Bengaluru yesterday.

Land for fresh projects: The Government will reclaim industrial plots lying unused ev...