Land must be put to industrial use within five yrs of NA nod: Maharashtra CM
Mumbai: It will be mandatory to set up factory on the land within five years of obtaining permission of its non-agricultural, industrial use, Maharashtra Chief Minister Devendra Fadnavis said here today.
Officials should ensure that such a land is not misused, the Chief Minister said at a review meet of 'Make In Maharashtra' program.
'Ease of doing business' in Maharashtra was discussed at the meeting, an official release said. "It is seen that NA permissions are taken on a large scale for industrial use of land, but no factory is set up there.
There should be a penalty for the concerned (owner) if the factory is not set up even five years after obtaining the NA permission. Such a land should be returned to the farmers or given to other entrepreneurs," Fadnavis said.
There are various outdated permissions required while setting up a factory. It should be examined if scrapping of such rules would make any special difference, he said.