FOIJ demand Developed Industrial Estates for Prospective Investors in Time Bound Manner to Establish New Units in JKUT
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07-02-2022: Sh. Lalit Mahajan, Co-Chairman, Federation of Industries conveys the heartiest thanks to Sh. Manoj Sinha Hon’ble Lt. Governor, Sh. Ranjan Prakash Thakur (IRTS) Principal Secretary, Industries & Commerce Department for the grant of Rs. 28,400 Cr which is being enhanced to Rs. 50,000 Cr. as reported in Print & Electronic Media on the basis of which Prospective Investors from within/outside the UT has already applied for the allotment of land in the proposed Industrial Estates as notified by the Industries Department in the JKINVEST Portal.
We wish to draw the kind attention of Sh. Manoj Sinha Hon’ble Lt. Governor that as published in Print Media that approximate 16000 Kanals of land stands returned to Govt. as it is not possible to develop the said land by J&K SIDCO/ SICOP which we term as a setback to establish the New Industrial Units.
It is a matter of great concern that Industries Department already started the process for the allotment of land in the Industrial areas as notified “UNDEVELOPED” in the jkinvest.com portal for which JKSICOP already intimated the prospective investors to deposit the requisite Documents to whom the Land has been allotted on the basis of Ranking in the list notified by Industries Department. Further, it has been also brought to our notice that JKSICOP/JKSIDCO has intimated the prospective allottees to deposit the full amount of the Land Premium along with 3 years Advance Rent & Maintenance Charges whereas “NO DEVELOP LAND IS AVAILABLE” in any Industrial Areas except “Gathi in Kathua District and IGC Samba” with no tentative schedule to handover the Developed Land with requisite infrastructure like Road Connectivity, Power, Water Etc. as it will take time to develop the Industrial Estates & it is unjustified to collect the premium & lease rent which should be collected at the time of Execution of Lease Deed in fully Developed Industrial Areas.
It is worthwhile to mention here that the number of Unit Holders applied for Land allotment immediately after 01-09-2021 after the jkinvest.com portal make functional for which it was the duty of the Industries Department to offer the Land on FIRST COME FIRST SERVE basis whereas at the time of allotment of land the Ranking Concept was adopted by the Industries Department as there was no Criteria/ Guideline was mentioned in the portal. Moreover as per the Govt. Order the land allotment committee should have the representation of Representative of Industries Forum from Jammu/ Kashmir Federation of Industries whereas at the time of Finalization of List there was no Stakeholder from Industrial Sector of J&K.
It is pertinent to mention here that in other parts of our Country Industrial Land always offered fully developed to establish their unit to Prospective Investors in developed Industrial Areas due to which the Prospective Investor plan the start of their production in a time-bound manner whereas in JKUT the land is being offered without any requisite Infrastructure which may be resulting into the delay in the setting of their projects as no time limit has been set to hand over the developed land to the investors resulting to Substantial Increase in the Project Cost of the Units in compare to the Project Report already submitted by the investors at the time of submission of the request for the allotment of land & we fear that number of Investors may opt of shifting of their project to other parts of the country in the developed Industrial Estates.
We request Sh. Manoj Sinha Hon’ble Lt. Governor to issue necessary directions for the allotment of development Land to the prospective Investors in a time-bound manner on the basis of Land allotment application received from 01-09-2021 on First Come First Serve basis and the premium & lease rent shall be collected once the Land is fully Developed a ready for the procession.
