September 21, 2020

BIADA offers 11 acres to boost investments

Patna: The Bihar Industrial Area Development Authority (Biada) has distributed 11 acres among 39 proposed units that want to set up manufacturing units as part of the new industrial promotion policy.

“These units will bring in an investment of Rs 102 crore in the state and create job opportunities for 1,853 persons. Around 11 acres have been provided to them in various industrial areas across the state. Entrepreneurs had applied online for the purpose,” Biada managing director R.S. Srivastav told The Telegraph.

The maximum number of proposals is in the food processing sector, which will see an investment of over Rs 62 crore. Plastic and rubber industries will see investments worth Rs 24 crore. Most of the allotments are in industrial areas in Muzaffarpur, Darbhanga, Hajipur, Ara, Gaya, Barauni and Fathuha (Patna).

“We have streamlined and expedited our land allotment process, and made it online as part of ‘ease of doing business’. Anybody can apply 24×7 for land in industrial areas under Biada. All the applications received by the month-end are scrutinised followed by a meeting of our Project Clearance Committee (PCC) at which decision on land allotment is taken,” Srivastav added.

Courtesy: The Telegraph

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