Excelsior Correspondent
JAMMU, Feb 25: Federation of Industries Jammu (FOIJ) has termed the demand/ collection of land premium and three years lease tent by J&K SIDCO /SICOP before handing over of developed land to prospective investors in J&K UT as unfair and unjustified.
Lalit Mahajan, Co-Chairman, Federation of Industries Jammu drew the attention of Lt Governor Manoj Sinha towards the land allotment orders issued by the J&K SIDCO/SICOP for the allotment of land in the undeveloped notified Industrial areas as per the details available on the Portal by charging the full land premium along with three years lease rent and maintenance charges without any tentative schedule of handing over of developed land with roads, power and other requisite Infrastructure for the setting up of Industrial units by the prospective Investors.
“It is a matter of great concern that SIDCO and SICOP have already started the process for the allotment of land in the Industrial areas as notified “UNDEVELOPED” and issued the land allotment orders by demanding the full premium along with three years’ lease rent and maintenance charges, with the directions to deposit the same within 60 days to avoid the cancellation of land allotment letter in spite of the facts that the said land is without any basic infrastructure like roads/power supply and the approach roads suitable for the movement of Industrial goods and land acquisition process also is still in progress in some Industrial areas. Moreover, no tentative schedule is being given for the handing over of the developed land for the setting up of Industrial units,” Mahajan added.
It is pertinent to mention here that in other parts of our country, Industrial land is offered fully developed land to establish their unit to prospective investors in developed Industrial areas due to which the investor plan the start of their production in time, whereas, 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 limit has been set to hand over the develop land to the investors. It is feared that number of investors may opt to shift their projects to other parts of country.
Mahajan requested the Lt Governor to issue necessary directions for the allotment of development land to the prospective investors after creating the requisite Infrastructure in time bound manner and the land premium, lease rent and maintenance charges be collected by at the time of offering developed land in the notified Industrial areas.
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