Tamil Nadu govt. plans to aggregate land for industrial use
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...