Develop Industrial Estates in time bound manner: FoIJ

Excelsior Correspondent
JAMMU, Feb 7: Federation of Industries Jammu (FoIJ) has demanded development of Industrial Estates for the new units in time bound manner in the UT of J&K.
Co-chairman of the FoIJ, Lalit Mahajan in a press statement here today extended gratitude to the Lt Governor Manoj Sinha and Ranjan Prakash Thakur, Principal Secretary, Industries & Commerce Department for the grant of Rs. 28,400 Cr which is being enhanced to Rs 50,000 cr as reported in the media on the basis of which prospective investors from within/outside the UT has already applied for the allotment of land in the proposed Industrial Estates as notified by the Industries Department in the JKINVEST Portal.
“We wish to draw the attention of Lt Governor that as published in the Media that approximate 16000 Kanals of land stands returned to Govt as it is not possible to develop the said land by J&K SIDCO/ SICOP which we term as a setback to establish the New Industrial Units.
It is a matter of great concern that Industries Department already started the process for the allotment of land in the Industrial areas as notified “Undeveloped ” in the jkinvest.com portal for which JKSICOP already intimated the prospective investors to deposit the requisite documents to whom the land has been allotted on the basis of ranking in the list notified by Industries Department.
Further, it has been also brought into our notice that JKSICOP/JKSIDCO has intimated the prospective allottees to deposit full amount of the Land Premium along with 3 years Advance rent and maintenance charges where as “No developed land is available”, in any Industrial areas except “Gathi in Kathua District and IGC Samba” with no tentative schedule to handover the developed land with requisite infrastructure like road connectivity, power, water etc. as it will take time to develop the Industrial Estates & it is unjustified to collect the premium & lease rent which should be collected at the time of Execution of Lease Deed in fully Developed Industrial Areas.
It is pertinent to mention here that in other parts of our country Industrial land always offered fully developed to establish their unit to prospective investors in developed Industrial areas due to which the Prospective Investor plan the start of their production in time bound manner where as in JKUT the land is being offered without any requisite Infrastructure which may be resulting into delay in the setting of their projects as no time. They sought intervention of LG into the matter.