Wednesday 4 May 2016

Odisha targets creation of 1 lakh acre land bank by June


Industries Secretary Sanjeev Chopra has urged all district collectors to direct the concerned tehsildars to complete the process by the end of June.
“It is pertinent to mention that the state government has mandated Idco for creation of land bank of at least one lakh acres by June 30, 2016 to attract investors for establishment of industries in the state. The chief minister is also reviewing the progress from time to time”, Chopra said in a letter to the district collectors recently.
Chopra, who is also the chairman of Odisha Industrial Infrastructure Development Corporation (Idco), said it has filed requisition for government land measuring 76,721.94 acres under Land Bank scheme in different districts.
“Accordingly, out of the total filed area, 12,698.93 acres has been prioritized as category ‘A’ for sanction of lease in favour of Idco and 64,023.01 acres as category ‘B’ to be kept as reserved at the district level for industrial purpose,” he said.
The state government has identified lands in these two categories for creation of the land bank. While lands identified under Category A would be leased out to Idco by the district collector on requisition for immediate use for establishment of industries, under Category B, land to be kept reserved at district level for industrial purposes.
Source : IndianMediaBook - Business