THE Punjab government has mooted a fresh policy for the allotment of industrial plots in the state. The move has been initiated to bring more transparency in the system of allotting plots under the general and the off-the-shelf schemes of the industries department.
Among the other changes,the department has decided that the allotees will not be allowed to sell or transfer the plot before three years of commencement of production by the allotee. After allotment,it will be binding to construct and run the industrial plant within five years,failing which,the plot can be resumed by the department. This policy will replace the one being followed for these allotments since April 2008.
The new policy aims to restrict the re-sale of industrial plots,allotted by the department,for setting up of industrial units but were not utilised and sold. The condition that these plots will not be sold till the industrial venture commences production is also likely to attract genuine entrepreneurs and industrialists to buy plots. The department has been earlier criticised for allotting plots to VIPs and their kin.
The draft policy,which has been circulated to the other departments in the government for comments,states that the department will continue to allot plots under its two schemes off the shelf (OTS) and general.
Under OTS,all plots of sizes above 2 acres will be available. It will also cater to all plots or sheds in urban industrial estates and industrial development colonies. Another 30 per cent of the plots of 2,500 square yards and above up to two acres will also be kept aside for allotment under OTS. Moreover,the allotment of land to industrial focal points associations and chambers of commerce and industry up to a size of 500 square yards for setting up of office will come under OTS. The remaining plots will be allotted under the general scheme.
The policy has added a provision of clubbing of unsold plots,where more than 50 per cent of the plots in an industrial focal point or industrial estate that was developed over five years ago have remained unsold,the concerned developing agency can carve out chunk of land of 5 acres or more by clubbing unsold plots along with non-saleable area.
The plots under OTS will be offered after an application is filed to the department alongwith a processing fee after checking the availability of these plots on the department website. The application will be scrutinized by the Udyog Sahayak who will then place these before a sub-committee headed by the director (Industries). The eligible application will be called for an interview by the sub-committee and if given the nod,the recommendations will be further approved by the principal secretary (Industries) in case of plots less than 2 acres. In case of plots larger than 2 acres,it will be placed before another committee headed by the principal secretary to the chief minister.
The plots under the general scheme will be allotted after applications are invited through advertisements. The scrutinized forms will be sent to a sub-committee for recommendations followed by an approval of the allotment committee headed by the director (Industries).
The allotees will have to implement the project,for which,land has been taken within three years of allotment. The period can be extended up to five years after payment of extension fee but no further extensions will be allowed. In case the project has been implemented,it will be resumed.