Minister M B Patil questions incentives for US firm in Gujarat

Bengaluru, Jun 15 (IANS): Karnataka Minister for Large and Medium Industries, M.B. Patil, on Saturday termed the US-based Micron Technology potentially receiving Rs 3.2 crore in subsidies for every job it creates at its planned semiconductor unit in Gujarat as unjustifiable.

Speaking to reporters here, Patil said, “If this applies to Gujarat, the same formula should be followed in other states as well to create more opportunities."

Patil also said that if a company is given this much incentive, it could be considered a public sector undertaking (PSU).

“It could be a welcome step if higher incentives are extended to create a conducive industrial ecosystem. So this policy should be the same for other states as well. However, currently, the Central government’s approach seems to only favour Gujarat, which is the Prime Minister's home state,” said Patil, as he expressed concern that this could lead to a disparity among the states.




Top Stories

Leave a Comment

Title: Minister M B Patil questions incentives for US firm in Gujarat

You have 2000 characters left.


Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will be held responsible.