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- The Karnataka Industrial Areas Development Board reportedly waived 27.07 crore rupees in compensation and service fees related to land allocated to Toyota Industries Engine India.
- The board also reduced the service charge for the company from 12 percent to 6 percent, granting an additional benefit of 4.83 crore rupees.
- This decision was made without explicit government approval according to the Comptroller and Auditor General report.
- The findings suggest the state board acted on an unauthorized legal opinion to provide these concessions.
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Indian-language1
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Named India · Karnataka · Toyota Industries Engine India · Comptroller and Auditor General · Karnataka Industrial Areas Development Board
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