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).

Read More BB19: Shehbaz Badesha on accusations for using late Sidharth Shukla's name for votes: 'Will always take his name, & no one can stop me'

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.

Read More India must boost exports to Russia to balance trade basket: Piyush Goyal

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.

Read More Premiere shows of Balakrishna's 'Akhanda 2: Thaandavam' cancelled in India due to technical issues, say makers

(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.

Post Comment

Comment List

Latest News

Real Madrid and Manchester City Renew a Modern Champions League Rivalry Real Madrid and Manchester City Renew a Modern Champions League Rivalry
Real Madrid and Manchester City prepare to renew their modern Champions League rivalry on Wednesday night. With each of the...
Atletico Madrid Survive Late PSV Surge to Secure Hard-Fought Champions League Victory
Barcelona Rally as Koundé’s Double Header Revives Champions League Push

Live Cricket Score

Advertisement

Science & Tech

Redmi Note 15 Series May Debut in India on January 6 as Xiaomi Prepares Major Mid-Range Refresh Redmi Note 15 Series May Debut in India on January 6 as Xiaomi Prepares Major Mid-Range Refresh
Xiaomi is reportedly preparing to launch the Redmi Note 15 series in India on January 6, 2026. Leaks suggest major...
Bengaluru ranks 16th in global tech cities index

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

Cost of home-cooked veg, non-veg thalis falls 13 pc in November due to ease in input prices Cost of home-cooked veg, non-veg thalis falls 13 pc in November due to ease in input prices
The cost of preparing both vegetarian and non‑vegetarian thalis at home fell 13 per cent year‑on‑year in November, driven mainly...
10 budget honeymoon destinations for the newlyweds in India
crossorigin="anonymous">