Land Bank Proposal Cleared by Odisha Cabinet

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Bhubaneswar: In an bid to conquer the bottlenecks over area obtaining procedure for new businesses, Odisha Cabinet on Monday cleared the proposition for formation of Land Bank which was brought before by Revenue dept.

Land Bank Proposal Cleared by Odisha Cabinet SAMAYAInstructions media persons about the Cabinet gesture to 18 proposition including Land bank, boss secretary GC Pati said, Odisha Industrial Infrastructure Development Corporation (IDCO) would make a specification of government grounds in better places and keep them prepared for the new commercial enterprises and business visionaries.

“Count has been made and more than 1 lakh sections of land have been identified in diverse locale. IDCO has connected for 10,000-12,000 sections of land having possibility for commercial enterprises and it would create foundation on the grounds. These are known as Category An area bank in which IDCO would assume control over the area instantly and keep them fit for units”, Pati said.