New land policy soon in Kerala: Industries minister

Thiruvananthapuram

Industries Minister P Rajeeve said in the assembly that the state government would soon be coming up with a land policy for providing land for the companies which are evincing interest in setting up units at the industrial parks owned by the government.

The policy is in its final shape and it is being introduced to simplify the procedures like transferring of ownership to the industrial unit managements. “At present, as per the procedures, it will take a minimum 20 years of time for the transfer of ownership. This will be simplified with the new policy,” he said.

Rajeeve said it has been decided to set up industrial estates in all districts for which the process of identifying the land has begun. The present policy was to identify 25 acres in villages and 15 acres in urban areas for setting up industrial parks. Since it is not feasible to acquire this much land from both the villages and urban areas, it has been decided to begin industrial estates in much lesser areas.

The government will be starting industrial parks in the state only after conducting a feasibility study.

The minister also said that there are several outdated laws concerning the industrial sector which have to be either abolished or revised. A bill for this is under the consideration of the present session of the assembly.

Source: TNN, Thiruvananthapuram

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