Ranchi: The master plan for 37 industrial areas under the Industrial Area Development Authority () was approved after a board meeting chaired by chief minister on Tuesday. The state’s share of funds for the proposed leather and pharma park in Ranchi and were also formally approved in the meeting which was attended by state industries secretary K Ravikumar, CM’s secretary Sunil Kumar, energy secretary Vandana Dadel among other stakeholders.
Talking to TOI after the meeting held at Project Building, Jiada secretary Sunil Kumar said the move will pave the way for time-bound and focused upgradation of each industrial area an make them business-friendly.

Earlier, the master plan for any industrial unit didn’t exist, but each industrial area has to have a master plan under the Centre’s project. “Finally, the plan for the 37 industrial areas which we made in the last many months were placed before the board for a formal approval,” said Kumar.

Giving a rough outline of what the master plan contained, he said that it is mostly to do with infrastructural upgrade. “Each masterplan talks about ways to develop an industrial area suiting its local requirement, spaces earmarked for roads or its redevelopment, gas pipelines, open areas, among others. On the basis of this, future expansion/development/redesigning of a particular industrial area will be taken up,” said Kumar.

The Jiada board also sanctioned its share of funds for the two proposed projects — a leather park in Gopalganj (Nirsa) in Dhanbad and a pharma park near Ranchi Ring road. The Centre and the state will jointly chip Rs 8 crore and Rs 12 crore respectively for infrastructure development for each of the project.

The board also gave its nod to amend the land allotment clause in Jharkhand Industrial Area Regulation 2016 to facilitate transfer of land for existing entities for future expansion. “As per the amendments, an existing industrial unit will now be given preference in allotment of space on a contiguous land. This means if there is an empty plot next to an existing industrial unit, it will be given first preference while allotment of the said land done through an online auction. Earlier, this provision didn’t exist, owing to which small entities faced issues for expanding their businesses,” Kumar said.

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