Hyderabad: On Thursday IT and Industries Minister K T Rama Rao clarified that there was no proposal from the state government to provide compensatory land against land acquired for industrial production at Mucherla on the city outskirts. He noted, however, that in addition to paying compensation, the government of the state also provided employment for an qualified individual from each family in the industries developed in such lands. In response to questions raised by the State Legislative Council, Rama Rao clarified that over the years approximately 14,561 acres of agricultural land were acquired for industrial development in former Ranga Reddy district. As fee Rs 863.86 crore was paid.
The Telangana government alone, after state creation, acquired about 9,110 acres with more than 8,000 acres acquired for the establishment of the Hyderabad Pharma City Project. "We 're making efforts to acquire more land needed for the project, but some ulterior-motivated political people are trying to block it. We are optimistic that to complete the Hyderabad Pharma City project, we will resolve those hurdles and resume land acquisition, "he said.
In response to another query, the minister stated that the state government intended to register industrial land in Balanagar in favour of Balanagar Cooperative Industrial Estate Phase 1 unit holders in Hyderabad. He said a scheme was being worked out to convert the land from lease-hold to free-hold, which will be formally announced after all required permits have been obtained well in advance. Approximately 47 acres were leased more than 50 years ago to about 226 MSME units in Balanagar, and the lease term will expire soon.
"We have two obstacles to prolong the Lease Term. Second, approximately two-thirds of original allottees have sold or leased these lands against the norms to others. Second, the value of those lands has exponentially increased. Therefore, the government is considering all options including free-hold allocation of the land to the existing units, "he explained.
Furthermore, Rama Rao claimed that only after scrutinising the extent of land needed for each industry, land allocations were made to industrial units. He pointed out that about 1,400 acres that have not been used by the allottees over the past six years have been resumed by the government of the state and notices of cancellation have been sent to more such prospective investors who have failed to create their units within the specified time frame.