September 15, 2015
Group of Ministers constituted to identify and reclaim closed industry land
The West Bengal Government has decided to step up its efforts to reclaim 285 acres of land acquired by public sector firm Cycle Corporation of India, at Asansol.
The decision was taken at the third meeting of the Group of Ministers (GoM) constituted to identify and reclaim land acquired by closed industrial units.
As per the findings of the GoM, of the 49,000 acres of land acquired by closed industrial units in Bengal, only about 7,500 acres are deemed non-litigant (not mired in litigations) by the Board for Industrial and Financial Reconstruction (BIFR).
As per preliminary findings of the panel, the land held by the Cycle Corporation of India does appear to be litigation-free.However, to be absolutely certain that the piece of land in question isn’t mired in litigation problems, the GoM, today (Thursday), set up a separate panel comprising directors, commissioners or joint secretaries of five state government departments, namely law, land, industrial reconstruction, agriculture and labour.
The panel will probe the current status of the land held by the Cycle Corporation of India and submit its report (to the GoM) on September 29, 2015,” the cabinet member said.
The image is a representative one
