Barring a few preliminary works, construction activities of the Gulbarga Textile Park in Karnataka under the Scheme for Integrated Textile Parks (SITP) have come to a halt due to non-release of share amount by the Handloom and Textile Department officials.
Managing director of Gulbarga Textile Park, Subash Kamalapure has said that delay on the part of the Handloom and Textile Department officials to release the state government’s share of Rs. 2.5 crore released more than three years back was the main reason for stopping all construction work.
The total cost of the project was Rs. 49 crore and Rs. 1.50 crore was the share of the union government. The non-release of funds has also thwarted the Gulbarga Textile Park from getting the second installment of the cost of the project from the union government.
Kamalapure said that the government had earlier imposed one condition that the project should get final clearance of the ministry of textiles which they have already obtained three years back and fulfilled the condition for the textile park.
The officials of the Handloom and Textile Department have added new condition that the promotors — Gulbarga Textile Park — should invest their equity amount of Rs. one crore in the park, kamalapure added.
