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With no word on policy change,Bharat Forge SEZ Phases II and III on hold

The second and third phases of Bharat Forge multi-product SEZ in Chakan have been kept on hold with Bharat Forge waiting for a change in SEZ rules before acquiring 3,300 hectares for the project.

Written by Nisha Nambiar | Published: July 3, 2012 2:43:27 am

The second and third phases of Bharat Forge multi-product SEZ in Chakan have been kept on hold with Bharat Forge waiting for a change in SEZ rules before acquiring 3,300 hectares for the project.

At present,only 1,700 hectares have been acquired for the project,a 76:24 joint venture between Bharat Forge and Maharashtra Industrial Development Corporation (MIDC).

Ajit Relekar,Regional Officer,Information Technology,said they have been waiting for the Centre to change the rules. “We have acquired only 1,700 hectares of which 500 are for processing units and the remaining for non-processing units. We have to go slow with the change in policy,” said Relekar.

SEZs are not so popular in the state and Maharashtra’s new industrial policy,due any time soon,will make way for those who wish to exit SEZs. The new policy will help the SEZ land to be used for industrial parks. Chief Minister Prithviraj Chavan had recently said change of policy had rendered SEZs unattractive for many.

He had said they had acquired 27,000 hectares of land for SEZs and the new industrial policy will provide an option for an exit.

Senior officials from the Industries Department said the state had 143 SEZs,of which in 26 cases,either the developers had opted out or the approval had lapsed.

Relekar said the first phase of the Bharat Forge SEZ was a success. In the first phase,land was acquired from Nimgaon,Dhavadi,Kendur and Kanersar in Khed and Shirur talukas. The second phase will see acquisition in Gosasi,Pur,Pabal,Retawadi,Warude,Chaudharwadi and Wapgaon. Here 200 hectares belong to the government,while 1,700 hectares have to be acquired from villagers.

As part of the package worked out by the MIDC,a farmer gets Rs 17 lakh per hectare and additional sops such as guaranteed employment to one person from every project-affected family and a buyback option for farmers up to 15 per cent of the developed land after paying the original cost of the land plus an additional 50 per cent. Those who lose their houses get 375 sq ft of built-up area on 3,000 acres of land in a new housing colony and Rs 10,000 for shifting their houses. Landless labourers are offered Rs 65 per person per family for 600 days.

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