Committee formed to verify if industries using land allotted for intended purpose: Telangana Minister Sridhar Babu

Telangana Industries Minister said that a committee was formed to check if lands alloted to industries are used for intended purposes; assures detailed reply to queries raised in Assembly.

Telangana Industries and IT Minister D. Sridhar Babu told the Telangana Legislative Assembly that the government had constituted a three-member official committee to check whether the industries that were allotted lands are utilising them for the intended purposes or whether they are diverted for other uses.

The three-member committee, headed by Industries director G. Malsur, has Telangana Industrial Infrastructure Corporation (TGIIC) executive director and another official from the corporation as members. It has been asked to submit its report before February. The Minister was replying to a query on TGIIC raised by BJP member K. Venkata Ramana Reddy during the Question Hour on the second day of Third Legislative Assembly on Monday (December 16, 2024).

Mr. Reddy expressed concern that he had asked about several details relating to lands allotted to industrial units, but several of them were set aside in the process of clubbing it with similar queries. He alleged that though the government gave lands for promoting industrial investments, some of the companies were utilising it as collateral to obtain loans from banks that were being utilised for other purposes. Mr. Babu however assured the member that he would give a detailed reply to all the queries raised by the member at the earliest.

The Industries Minister said that 13,741 acre of land in 35 locations were identified by the Industrial Infrastructure Corporation for establishing new industrial parks after conducting due diligence. It was accordingly proposed to acquire 2,338 acre Government land; 7,638 acre assigned land and 3,765 acre patta land.

The department would develop the infrastructure necessary for establishing industrial parks by preparing layouts and securing necessary approvals once it took over the physical possession of the land from the Revenue authorities.