Land policy set by IDCO in Odisha.

Q: As per CAG, IDCO has suggested some best way for allotment of land for set up the industry.

Samrat,

18th March 2015

Real estate News in Bhubaneswar

idco

odisha development authority

bhubaneswar municipal corporation

bhubaneswar real estate news

cag

central electricity authority

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Replies (2)

Hi Samrat,
The AG aforementioned, land was assigned to GMR Energy close to Kamalanga in Dhenkanal district for putting in of an influence plant, though an equivalent piece of land was earlier suggested for Odisha Hydro Power Corporation (OHPC), a state PSU, by the Central Electricity Authority (CEA). Idco had unheeded the claim of a authority Associate in Nursingd selected to allot the land in favour of a personal entity simply because it had signed an agreement with the authorities for the facility project.

Javed,

18th March 2015

Comment

Hi,

As per my knowledge, the CAG official listed out several other cases of rejection in the letter and suggested that Idco must submit a report mentioning the reasons for its denial as it would be submitted to the Public Accounts Committee (PAC) of the state assembly.

Jackie,

18th March 2015

@ Samrat,
The CAG has been finding & pointing out irregularities in Idco land allotment policy for past couple of years starting from non-revision of land lease rate to allowing industries to avail loan from the banks with the allotted land as mortgage. Last year, it had highlighted how several small and medium industrial houses have misused the land allotted to them.

Veena K,

19th March 2015

@ Mr Samrat,
According to info fitted out to the state assembly last year, Idco has so far allotted 5,130.23 acres of land to 4,297 small and medium industries in 106 industrial estates, out of which 1,656 units have not utilised the land for the desired purpose.

lekshmi.sanjeev@ymail.com, Delhi

20th March 2015

@ Samrat,

As far as large industries are concerned, Idco has allotted 19,774.692 acres of government land and 34,447.876 acres of private land to 94 MoU signed companies and 133 non-MoU projects. The government has defended its land allotment policy and has maintained that because of its transparent and friendly policy, large projects such as those by Essar Steel, Jindal Steel, VISA Power, GMR, Vedanta, Aditya Aluminium and Utkal Alumina could be grounded in the state.

Neha Srivastava, Delhi-NCR

21st March 2015

Hi Samrat,

As per news, The comptroller and Auditor General (CAG), upset with arbitrary land allotment policy of state-run Industrial Infrastructure Development Corporation (Idco), has steered a comprehensive land allotment policy for industries.

Saran,

18th March 2015

Comment

Hi Mr Samrat,

In a letter to Chief Secretary G C Pati, state controller General (AG) Amar Patnaik has mentioned regarding 714 applications from industries requesting for land allotment being rejected by Idco while not citing any reasons. Out of total 714 rejected applications, 72 were suspended with none reason whereas 45 applications were either off or born. The auditing agency has suspected partiality in allotment of lands by the state agency.

Sishir,

18th March 2015