Arrested Ranya Rao in gold smuggling case was allotted land by previous govt, says KIADB

Arrested Ranya Rao in gold smuggling case was allotted land by previous govt, says KIADB

Karnataka Industrial Area Development Board (KIADB) has come under scrutiny after reports revealed that Kannada actor Harshavardhini Ranya, arrested for gold smuggling, was allotted land to set up a steel plant by the previous BJP-led government in February 2023.

 

Ranya, who is also known as Ranya Rao, has been embroiled in a controversy after being caught at Kempegowda International Airport with gold bars worth Rs 12.56 crore. Following her arrest, searches at her residence led to the seizure of gold jewellery worth Rs 2.06 crore and Rs 2.67 crore in Indian currency. The Directorate of Revenue Intelligence (DRI) is probing her links to organized gold smuggling networks, with the total value of assets seized amounting to Rs 17.29 crore, including Rs 4.73 crore worth of properties.

The allocation of land to Ranya's company, Ksiroda India Private Limited, has become a point of contention. According to a statement from the KIADB, 12 acres of industrial land in the Sira Industrial Area, located in Tumakuru district, were allotted to the company on January 2, 2023. The decision was made during the final days of the BJP-led government's tenure, before the Congress took charge in May 2023.

The land was granted for setting up a manufacturing unit to produce steel products, including TMT bars, rods, and allied products. The proposed project was estimated to require an investment of ₹138 crore, with the potential to create around 160 jobs in the region. The approval was given after a review by the 137th State Level Single Window Clearance Committee (SLSWCC).

Reacting to the news, Minister for Medium and Large Industries M.B. Patil's office clarified that the land allocation process was initiated before Congress came to power and was purely a business decision. The KIADB emphasized that the project received approval under the previous government and was not influenced by any personal connections.

The controversy surrounding the land allotment and Ranya's arrest has raised questions about the potential misuse of power and the need for greater scrutiny in industrial land allocation processes. The investigation into the gold smuggling case continues, with authorities intensifying efforts to dismantle the larger syndicate involved.

(PTI inputs)

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Related Posts

Post Comment

Comment List

Latest News

Bhopal Police Step In After Kashmiri Pharmacy Students Face Eviction Pressure Bhopal Police Step In After Kashmiri Pharmacy Students Face Eviction Pressure
Bhopal Police have intervened after two Kashmiri pharmacy students allegedly faced intimidation and eviction pressure over their regional and religious...
9-Year-Old Girl Raped, Murdered in Pune; Family Blocks Highway Demanding Death Penalty
India Reaffirms Support for Two-State Solution, Voices Concern Over Gaza Crisis

Live Cricket Score

Advertisement

Science & Tech

2026 Ducati Monster India Launch Teased for August 10 as Cryptic Poster Sparks Speculation 2026 Ducati Monster India Launch Teased for August 10 as Cryptic Poster Sparks Speculation
Ducati India has teased a new motorcycle launch for August 10 with a cryptic poster that strongly hints at the...
BYD Atto 2 EV Set for India Debut as Brand Targets Affordable Electric SUV Segment

Health

Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits
A growing number of dermatologists are endorsing coffee-based home remedies as natural, affordable alternatives to commercial skincare. From face scrubs...
Moringa’s Rise as a Global Superfood Gains Momentum Amid New Research

Lifestyle

 Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards
Food influencer Revant Himatsingka, known as Food Pharmer, has sparked nationwide debate after revealing Cheeslings’ low cheese content and high...
From Gym Floor to City Streets: The Unexpected Revival of the Lopifit Treadmill-Bike
crossorigin="anonymous">