RIICO unit heads get authority to sub-divide industrial plots

In an effort to facilitate entrepreneurial ventures, the powers for sub-division of land in industrial areas owned by Rajasthan State Industrial Development & Investment Corporation (RIICO) will now be exercised by the unit heads.

Earlier, such proposals had to come to the head office in Jaipur for clearance, an official said here today.

Presently, RIICO has 26 unit heads administering 321 industrial areas all over the state.

The decision was taken at a recent meeting of the Infrastructure Development Committee (IDC) of RIICO under the chairmanship of Principal Secretary Industries and RIICO Chairman Sunil Arora, RIICO MD Rajendra Bhanawat said.

He informed that sub-division of original plots into a maximum of four parts will now be allowed in phases.

However,subsequent sub-division of the transferred subdivided plot will not be permitted. In cases where sub-division and transfer of land took place before May 1, 2008, they will be treated as per the provisions of the sub-division policy existing at the time of the registered sale deed of the sub-divided plot.

Bhanawat also informed that RIICO will not levy any service charge upon industrial plots allotted in its industrial areas for the period the unit remains closed. This decision will be applicable to the allottees in transferred industrial areas as well.

Furthermore, no interest shall be levied on old outstanding service charges for such closure period.

The closure period will be reckoned from the date of disconnection of power supply till the date of re-connection, he added.

Industries Commissioner Rajhans Upadhyay, Commissioner (Investment& NRI) Purushottam Agarwal, Energy Secretary Naresh Pal Gangwar and Managing Director Rajendra Bhanawat were of the view that schools should also be considered in the category of educational institutes for the purpose of allotment of land in RIICO's rules and regulations.