Home  >  TopNews
you can get e-magazine links on WhatsApp.Click here
biopol
Policy & Regulations + Font Resize -

TS govt deposits Rs. 153-cr compensation to acquire 1,800 acres of land from farmers for Pharma City project

A Raju, Hyderabad
Friday, January 14, 2022, 08:00 Hrs  [IST]

The Hyderabad Pharma City project, which is being taken up on priority over an extent of 19,333 acres of land on the outskirts of Hyderabad by the state government of Telangana, has almost cleared its way for the pending acquisition of last remaining chunk of 1,800 acres of land for the project as the state government has deposited Rs. 153 crore of rupees in the special judicial authority court.

Earlier, the state government which had decided to build Asia’s largest most advanced integrated Pharma City project on the outskirts of Hyderabad had decided to acquire 19,333 acres of land for the project. However, of this, the government had to acquire 10,200 acres of patta land, while the remaining 9,133 acres is government land. While there was no issue with regard to taking over the government lands from the farmers, the state government had to face legal hurdles with regard to last pending 1,800 acres of patta land. Even though majority farmers had come out voluntarily giving away their lands for the Pharma City project, a few of them had approached the court appealing for a stay on the land acquisition process by the government. With this, the Pharma City project had hit a road block and was delayed due to various legal tangles.

Earlier, the central government had accorded National Investment Manufacturing Zone (NIMZ) for the Pharma City project and had also announced to provide funds to the tune of Rs. 4,922 crore for the development of basic amenities in the Pharma City project needed for the industries to operate in a plug and play mode. In view of this, the Telangana state government has decided to speed up the land acquisition process. And to overcome the legal hurdles, it decided to deposit Rs. 153 crore as compensation for the farmers for about 1,800 acres of pending land to be acquired and also decided to proceed further and complete the land acquisition process and speed up the development works in the Pharma City project.

Meanwhile, the Telangana State Industrial Infrastructure Development Corporation (TSIIDC) has started developing basic amenities like roads, drainages, power lines, establishing electric substations, constructing common effluent treatment plants and installing necessary water pipelines required for the industries to be set up there. Recently, the Telangana government had begun the launch of first phase of Pharma City project, and already about 150 pharma and allied industries which had applied for plots in the project were also given permission for setting up their units.

As part of first phase of Pharma City project, already more than 300 companies have applied for setting up their units. However, about 150 applications have been finalized and permissions will be given to them for setting up their units, informed E V Narasimha Reddy, vice chairman and managing director of TSIIDC.

If the Pharma city project comes into fully functional Telangana will be the only state in the entire Asia to have such a large integrated pharmaceutical industrial conglomerate, which would attract an investment of Rs. 64,000 crore and provide employment to more than 5.60 lakh people in the country.  

For speeding up the works in the NIMZ area, the Telangana government had written to the Central government to allocate Rs. 870 crore in the next budget. “Already construction of roads and drains have almost completed over an extent of 13,000 acres. However the pending land acquisitions in Kandukuru, Meerkhanpet have created hurdles. But as we have also taken legal recourse to counter legal hurdles and deposited Rs. 153 crore in the special judicial court for the beneficiaries, very soon a huge power substation works and construction of large scale common effluent treatment plants will also begin soon, once the pending 1,800 acres of land are acquired and handed over to the TSIIDC,” observed the TSIIDC VCMD.

 

*POST YOUR COMMENT
Comments
* Name :     
* Email :    
  Website :  
   
     
 
 
 
Copyright © 2016 Saffron Media Pvt. Ltd |