Bihar govt to facilitate between investor, land owner

Bihar government has decided to work as a facilitator between potential investors and land owners to prevent unnecessary dispute and collision over the issue of acquisition of land for setting up industries.

The ‘Bihar Aao’ (Come to Bihar) scheme to attract investors would be launched soon and the government would work as facilitator between industrialists and land owners, State Industry Department’s Principal Secretary C K Mishra said.

The proposal of land owners willing to sell their land would be uploaded on the website of Bihar Industrial Area Development Authority and prospective companies would get in touch with the land owners, Mishra told reporters. The state government would soon establish a land bank
for setting up new industries, he said. “We will also accord top priority to transparency to win confidence of the investors.”

Investors would find several proposals and concession for them in the New Industrial Promotion Policy 2011, which came into force from July one, he said adding concession would be given for setting up captive power plant.

Mishra said the state government had received more than 66 proposals in food processing sectors.

Besides, the Centre has given its nod for setting up a mega food park at Kahalgaon in Bhagalpur district, he said, adding thrust was on promoting small and medium industries in the state.

Source: MoneyControl.com

2 Comments

  1. It’ll certainly attract the investors and give a better value of land to the land owners. Hope Come to Bihar Scheme will bring a industry revolution in Bihar..

  2. Anup Kumar Pandey .July 11, 2011 at 7:01 pm · Reply

    Bihar Aao program ke bare mey janker bahoot khushi hui .Bihari udyamio ko aapne bihar mey udyog sthapit karne ka yah sunhra ausher hai.

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