UP To Fast Track Land Allotment for Industrial Units
In a bid to promote industries, the Uttar Pradesh government issued an order fast-tracking land allotment time to 15 days for mega, mega plus and super mega category of industrial investments. According to a government order issued, land allotment for mega, mega plus and super mega industrial units
Published -
Jul 23, 2020 5:41 AM
In a bid to promote industries, the Uttar Pradesh government issued an order fast-tracking land allotment time to 15 days for mega, mega plus and super mega category of industrial investments. According to a government order issued, land allotment for mega, mega plus and super mega industrial units will be fast-tracked to a maximum of 15 days after the receipt of application from investor or entrepreneur. Moreover, a monthly land allotment cycle will be adopted for land allotments, which are made through e-auction. In this case, allotments for applications received up to a specified date will be done by the end of that month. Directions have also been issued for batch-wise land allotment within 15 days after receipt of applications up to a specified date for scheme linked allotments. Elaborating the provisions of the order, Additional Chief Secretary, Infrastructure & Industrial Development, Alok Kumar said all key industrial development authorities of the state have been directed to ensure land allotment to investors according to the procedure and timelines fixed for different categories of industrial units. In case of mega, mega plus and super mega industrial units, investment would be calculated on the basis of detailed project report (DPR) at the specified norm of minimum of Rs 2 crore per acre to ensure that the investor does not obtain land more than that is required for the project.
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