The Chhattisgarh Government has offered land on demand for setting up industrial projects in each of its 27 districts as it has already created a land bank of close to 7,200 hectares said State Minister for Commerce and Industries, Public Enterprises, Commercial Taxes, Urban Administration and Development Amar Agrawal said.
“land acquisition is not at all an issue for project execution in the State”, he said while addressing a seminar tiled ‘An Evening for Business linkage with Chhattisgarh — Investment Opportunities in the Food Processing Industry’ organised by PHD Chamber of Commerce and Industry (PHDCCI) here .
He said that the State has already begun to prepare for implementation of Goods and Services Tax (GST) as it feels that this consumption led tax would benefit the whole country and compensate adequately states like Chhattisgarh which it is likely to loose at its earlier stages of implementation.
Chairman of Chhattisgarh State Industrial Development Corporation ltd Chhagan lal Mundhra in his observations endorsed what the State Industry Minister said about Chhattisgarh though adding that in the last 15 years after the state was carved out of Madhya Pradesh made substantial progress and it is committed to go farther to emerge as one of the best investment destinations in the country. Speaking on the occasion, Secretary to Chief Minister and Secretary, Commerce and Industries and Mining, Government of Chhattisgarh Subodh Kumar Singh said the State has already signed host of MoUs in the past, cornering several thousands of crores worth of projects in the field of coal mines, Aluminum and other minerals including bauxites, railways, steel, cement and iron ore.
He said ‘The response of investors in Chhattisgarh is so much because of its industrial and other policies and that during the next 7 to 8 days, more MoUs would be signed with investors in which a minimum of Rs 25,000 crores of investment is expected to come in the State.’
Director, Directorate of Industries, Government of Chhattisgarh Kartikeya Goel made a detailed presentation about the State’s prospects on food processing industry and said that it offered the best of tax incentives and other benefits for those who select Chhattisgarh for investment in the sector. The benefits are much more rewarding and intensive for its backward states. The Conference was presided over by PHDCCI President Alok B Shriram. PHDCCI’s Senior Vice President and Vice President Mahesh Gupta and Gopal Jiwarajka were also present.
The Chairman, Agribusiness Committee of PHDCCI N M Kejriwal and Chairman of PHDCCI’s Chhattisgarh State Committee Veenu Jain also welcomed the officials of Chhattisgarh Government.