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Home > News > Industries may have to pay more for govt land in Odisha > Industries may have to pay more for govt land in Odisha

Industries may have to pay more for govt land in Odisha [1]

Procurement of government land by industries in Odisha is set to get dearer with the state government deciding to fix cost of such land at benchmark value, a departure from the existing system of offering government land at pre-determined rates.

The decision comes close on the heels of clearing of the new Land Acquisition Bill by an empowered group of Central ministers. While the cost of land had escalated, the government land rates in Odisha were not revised accordingly. The state government which had constituted three committees to consider possibility of benchmarking cost of government land has now entrusted the responsibility on its investment promotion agency- Industrial Promotion & Investment Corporation of Odisha Ltd (Ipicol).

Publication Date: 
18/10/2012
Jayajit Dash [2]
Business Standard (New Delhi) [3]
Tags:
Orissa (Odisha) [4], Land Acquisition [5], Industry [6], Bhubaneswar [7], Cuttack (D) [8], Municipal Corporation [9], Andhra Pradesh [10], Karnataka [11], Tamil Nadu [12], Land [13]
Centre for Science and Environment
National Knowledge Commission Government of India

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[1] http://admin.indiaenvironmentportal.org.in/news/industries-may-have-pay-more-govt-land-odisha
[2] http://admin.indiaenvironmentportal.org.in/category/author/jayajit-dash
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/orissa
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-acquisition
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bhubaneswar
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cuttack-d
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/municipal-corporation
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/andhra-pradesh
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/karnataka
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tamil-nadu
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land