Tamil Nadu govt. plans to ag­gre­gate land for in­dus­trial use

FICCI Business Digest - - In the States -

FICCI Tamil Nadu State Coun­cil

or­gan­ised its first State Ex­ec­u­tive Com­mit­tee Meet­ing for 2017 on Jan­uary 19 in Chen­nai wherein more than 40 prom­i­nent in­dus­tri­al­ists par­tic­i­pated from across Tamil Nadu.

Vikram Ka­pur, Prin­ci­pal Sec­re­tary, In­dus­tries Depart­ment, Gov­ern­ment of Tamil Nadu, the Guest of Honor, in his key­note ad­dress, said that the Tamil Nadu gov­ern­ment plans to ag­gre­gate large ar­eas of land through a 'land pool­ing model' to al­low own­ers join hands with the gov­ern­ment to de­velop land for in­dus­trial use. He said that the state gov­ern­ment plans to cre­ate a land bank of nearly 54,000 acres of de­vel­oped in­dus­trial lands. We have al­most reached the half­way mark and the rest of it is in var­i­ous stages of ac­qui­si­tion. Un­der the new Land Ac­qui­si­tion Act, there are cer­tain dif­fi­cul­ties, in­clud­ing pro­vid­ing higher com­pen­sa­tion to own­ers. He added that of the 98 MoUs with a com­mit­ted in­vest­ment of Rs. 2.42 lakh crore by in­dus­tries signed at the Global In­vestors Meet (GIM) in 2015, 62 projects are at var­i­ous stages of im­ple­men­ta­tion.

The Chief Guest K. Pan­di­ara­jan, Min­is­ter for School Ed­u­ca­tion, Ar­chae­ol­ogy, Youth Wel­fare and Sports De­vel­op­ment Depart­ment, Gov­ern­ment of Tamil Nadu, said that the gov­ern­ment was tak­ing all steps to pro­mote en­trepreneur­ship in this state. The state gov­ern­ment is do­ing ev­ery­thing to en­sure that a fa­vor­able cli­mate pre­vails in the state for busi­ness. He praised mem­bers of FICCI for bring­ing out valu­able sug­ges­tions re­lated to GST.

Ar Rm Arun, Chair­man, FICCI Tamil Nadu State Coun­cil, made a pre­sen­ta­tion on emerg­ing op­por­tu­ni­ties and chal­lenges of Tamil Nadu, a strate­gic analysis of eight im­por­tant sec­tors in­clude health­care, ed­u­ca­tion, agri­cul­ture & food pro­cess­ing, in­fra­struc­ture, tax­a­tion, en­ergy and skills, which will be the fo­cus sec­tors of FICCI TNSC for 2017.

He in­formed the mem­bers about the pro­posal to bring out a 'Study on the Com­pe­tence of the State' which maybe a fore­run­ner for the pro­posed GIM 2017. P Mu­rari, Ad­viser to FICCI Pres­i­dent, shared his views and Ruban Hob­day, Head, FICCI TNSC, pro­posed the vote of thanks.

L to R: Ruban Hob­day, Head, FICCI TNSC; Ar Rm Arun, Chair­man, FICCI Tamil Nadu State Coun­cil; K. Pan­di­ara­jan, Min­is­ter for School Ed­u­ca­tion, Ar­chae­ol­ogy, Youth Wel­fare and Sports De­vel­op­ment Depart­ment, Gov­ern­ment of Tamil Nadu; Vikram Ka­pur, Prin­ci­pal Sec­re­tary, In­dus­tries Depart­ment, Gov­ern­ment of Tamil Nadu and P Mu­rari, Ad­viser to FICCI Pres­i­dent.

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