The Hindu

Mega projects with Rs. 27,000 crores investment cleared Mega projects worth Rs. 27,000 crores cleared by the State Government 

• Six of the special economic zones will come up in Bangalore and two in Mysore
• Wipro has been allotted 100 acres of land in Mysore

Bangalore, Mar 25: Mega projects with an investment of Rs. 27,000 crores were approved by the State Government here on Friday March 24. Of these, setting up of Special Economic Zones (SEZs) for Information Technology (IT) and Biotechnology sectors alone will account for about Rs. 20,000 crores.

The approvals are apparently meant to remove the tag that the Janata Dal (Secular)-Bharatiya Janata Party (BJP) coalition is "anti-IT". These approvals were given at a meeting of State High Level Clearance Committee (SHLCC) chaired by Chief Minister H.D. Kumaraswamy. Deputy Chief Minister B.S. Yediyurappa, who holds the Finance and Industry portfolios, was present at the meeting. The committee clears projects that are above Rs. 50 crores.