Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

CIATA demands 85 % reservation in upcoming Ind Area in Chandigarh
BS Reporter / Chandigarh Jul 10, 2009, 15:08 IST

Chandigarh Industrial Area Tenants Association (CIATA) has demanded that 85 percent plots which are going to be developed in forthcoming third phase of Industrial Park in Chandigarh should be allotted to existing Industrial Area tenants.

CIATA represents around 1300 micro, small and medium enterprises of the city that provide employment to around 50,000 skilled, semi skilled and unskilled workers.

President of CIATA, Sanjiv Sagar, while addressing press conference here today said Chandigarh Administration which is in the process of framing new Industrial policy is likely to address the issue of rehabilitating the tenants of existing industrial areas as well. He however expressed concerns that Administration might not agree to the quantum of reservation.

Justifying his demand of 85% reservation for existing tenants, he said that more than 1000 tenant entrepreneurs were engaged in manufacturing more than 50 types of goods and services and had proved their viability. Chances of their success were far greater in comparison with new entrepreneurs, whom Chandigarh Administration seems to be favoring at the moment, said Sagar.

CIATA also demanded that prices of these Industrial plots should be at par with those of neighboring states like Punjab and Haryana.

“Administration could also be little innovative and can come out with multi story plan and auction different floors to prospective buyers,” he added.

Chandigarh Administration is likely to provide 152 acres of land near Raipur Kalan for third phase of Industrial development. The development work in this area is almost complete and plots will soon be offered after the formulation of Industrial Policy.

 

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- IFC plans to invest in Malaysia's Khazanah healthcare arm
- Cong leaders must work together for winning elections: Scindia
- Hotel Leelaventure redeems outstanding bonds worth $41.6 mn
- Ex-Galleon portfolio manager testifies against Rajat Gupta
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- EGoM to now decide on base price for spectrum auction
- Air India pilots wanted a halt to command training of IA pilots
- Rohit Viswanath: The news about soft power
- New power equation in BJP
- Traders go long on $-Re , short on Euro-Re
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us