| Now, entrepreneurs can't leave industrial land unused | | | Early Times Report
SRINAGAR, July 30: Taking a serious note of non-utilisation of industrial land, the government has asked the aspiring entrepreneurs to set up units on allotted industrial land within two years or return it to the government.
The step has been taken as lot of aspiring entrepreneurs did not set up their units over the years and left the industrial land unused.
In the last two decades, government has allotted hundreds of kanals of industrial land to entrepreneurs to set up their units at Samba, Bari Brahmana, Rangreth, Lassipora, Kathua, Khonmoh and Gangyal industrial estates. An official State Industrial Development Corporation (SIDCO) said that under the new guidelines, the aspiring entrepreneurs have to set up their units within two years.
"In the past many entrepreneurs left the industrial land unused. Now the entrepreneurs have to set up units within two years after allotment of the land. If they fail then they have to return the land to the government," he said.
The official said that scores of aspiring entrepreneurs were allotted land by SIDCO at the low prices aimed at generation of employment opportunities and to grow the industrial sector of the state.
However, many entrepreneurs, as per the official, had failed to come up with the explanation regarding the non-utilisation of the land.
"We are serving cancellation notifications of land to these idling entrepreneurs after the completion of legal procedures," the official said. Several entrepreneurs the official said have complained that the land allotted to them lacks proper arrangement of water supply, electricity and other necessities required at the site of industrial units.
"They blamed the SIDCO for failing to act as a nodal agency for the promotion and development of medium, large and mega industries," he said. Meanwhile, the official said that family members now will be legal heirs of leased out industrial land in case death of an allotee.
"As per the new rules, if any person dies, his children or relatives will be legal heirs of the leased out industrial land," he said.
He said amendments have been made in operational guidelines of the Industrial Policy to make it more "people friendly".
Earlier, the contract of the leased out land would get terminated in case death of an allotee. The family members had then no rights on the leased out land and the government would take it under its possession. |
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