Considerably, this is able to be the primary time when closed and unused business land could be provided for brand spanking new industries within the state.
Talking at an occasion organised by business physique CII right here, the minister knowledgeable that 9 industrial parks have been arrange with an gathered land parcel of round 1739 acres, which might be provided to business.
Panja mentioned there are a variety of takers for the land recognized at closed industries. Additionally, the federal government has acquired good response from the business following its resolution to permit conversion of leasehold land to freehold land.
Cupboard nod
The minister knowledgeable 9 freehold proposals below the Industries Division have acquired cupboard nod to date. And, primarily based on dialogue with the land division, the mixture variety of land holding given on a freehold foundation is round 35. “From an ease of doing enterprise perspective, that is very encouraging,” she added.
Notably, issuing a notification in July final 12 months, the state’s Land and Land Reforms Division allowed conversion of leasehold land settled for 30 years or 99 years lease interval, together with Kolkata “khasmahal land” and that of in varied industrial estates and parks below the West Bengal Industrial Improvement Company (WBIDC), West Bengal Industrial Infrastructure Improvement Company (WBIIDC) and West Bengal Small Industries Improvement Company (WBSIDC).
As per the notification, for a lessee of 99 years, 15 per cent of the present market worth of the land might be charged for dialog to freehold. For lessee of lower than 30 years, 70 per cent of the present market worth of the land is decided by the authority.
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