UP govt to allow industrialists set up own industrial zoneshttps://indianexpress.com/article/cities/lucknow/up-govt-to-allow-industrialists-set-up-own-industrial-zones/

UP govt to allow industrialists set up own industrial zones

The decision has been taken after the government faced problems in acquiring land for setting up industrial zones in the state.

TO WOO investors, the Akhilesh Yadav government has decided to help industrialists set up their own industrial zones in areas of their choice. For this, the government would change the land use and convert land into industrial areas.

The decision has been taken after the government faced problems in acquiring land for setting up industrial zones in the state. Citing too much interference, industrialists had expressed their unwillingness to set up units in government industrial zones.

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“We have accepted the proposal by industrialists to set up industrial zones promoted by them. It will help in speeding up industrialisation in the state,” Nitin Agarwal, Minister of State Small Scale Industries said.

He added that land ranging between 15 acres to 100 acres will be arranged by industrialists. The government will then sanction their proposal for converting the same into industrial zone. “We will provide all help. We will change the land use making it industrial area. Power facility and other logistics will be provided by the state government,” Agarwal said. However, other amenities, including roads and security, will be provided by the industrialists. “Internal infrastructure will be the responsibility of industrialists but we will provide all possible help,” the minister said.

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Once the industrial zone is earmarked, industrialists promoting it will be free to sell plots at their convenience. The only restriction will be that it has to be used for industrial purposes.

Agarwal said the process for finalising private industrial zones has already started and soon, a policy will be drafted. It will then be sent to the state cabinet for approval, following which, it will be implemented.

“Already, the process has begun. It was proving to be very tedious for the government to acquire land, develop it and later sell the plots for industrial use. Lots of restrictions are in place when it comes to monitoring of plots even after the sale. It requires too much time and also often proves cumbersome for the industrialists. We got a few proposals from private players to develop their own industrial zones and we accepted it,” he added.

The UP State Industrial Development Corporation and UP Small Scale Industries Corporation develops the government industrial zone and makes available plots for entrepreneurs. A senior official said that out of a total of 44,000 acres of industrial land that is in possession of the government, about 34,000 acres have been allotted for various units. However, industrialists have returned 6,000 acres to the government, citing their inability to start units.