November 20, 2008

Land a stumbling block on way to industrialisation, says Industries Secy.

Kolkata: November 19- Even as West Bengal is receiving a lot of investment proposals, procurement of land is proving to be a big hurdle in implementing these projects. Sabyasachi Sen, Principal Secretary, Department of Commerce and Industries, on Wednesday said responding to questions at Biz Bridge, a workshop organised by the Confederation of Indian Industry (CII) to showcase the eastern region.
“Land procurement is becoming a major hurdle in the industrialisation process. States like Gujarat do not face this kind of problem because in the ‘50s and ‘60s the Gujarat government bought lots of land near the highways. But this did not happen here,” Sen said.
He said the state government is trying to simplify the procedure for facilitating faster sanction of business proposals. “At present there are 20 to 25 windows and we want to cut down the number to six to seven so that investment proposals are processed faster,” Sen added.

He also said the government wants to set up a project to store water. “We will take the help of the Jadavpur University to conduct a feasibility study of this project,” he said.
Sen said the state government was working on a new incentive scheme for industries that will focus on employment generation. “For instance, If a person gets incentive to the tune of Rs 100, 50 per cent will be for the volume of investment he is making and 50 per cent for the number of employments it will generate. We are going to take the help of the regional providend fund commissioner in this regard,” Sen added.

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