The Madhya Pradesh Industrial Development Corporation (MPIDC) has given out 200 land spots in Pithampur. This crucial step helps businesses set up more factories and make more goods in the area now. This fresh offering of land is a big move to make the region’s trade and work life much stronger. It means more jobs for people living near Pithampur and helps the local economy grow. This quick action by MPIDC is set to bring faster work for many, marking a new time for businesses in Pithampur.
New Land for Businesses
The Madhya Pradesh Industrial Development Corporation (MPIDC) has recently given out about 200 plots of land in Sector 7, Pithampur. This includes 196 plots for homes and four plots for businesses. These land pieces were given to people who had registered their land between January 1, 2023. September 1, 2023. The plots were given out through an online drawing system.
Himanshu Prajapati, who is an Executive Director at MPIDC, said that the value of these properties given to landowners this week was more than 21 crore rupees. He also mentioned that the process of giving out plots is still going on. the next round of plot distribution is set for August 22 at the MPIDC office.
What is MPIDC?
The Madhya Pradesh Industrial Development Corporation (MPIDC) is a government body in the state. Its main job is to help set up and grow industries in Madhya Pradesh. This includes getting land for factories and making sure there is good infrastructure like roads and other basic services.
In the past, getting land for new factories and business areas was sometimes hard. There were protests and legal problems from landowners. To solve this, the government made a new rule called the Madhya Pradesh Industrial Region Development and Management Act, 2013. This rule allows MPIDC to get land by working together with landowners through an agreement.
This new way of working is called the “land pooling scheme.” It is designed to be good for both the government and the landowners. It helps MPIDC get the land it needs without many fights. it helps landowners get fair payment.
Pithampur’s Role in Business Growth
Pithampur is a very essential business area located in the Dhar district of Madhya Pradesh. It is close to Indore, which is a major city. Many people call Pithampur the “Detroit of Madhya Pradesh” because it has a lot of car-making companies. It is a central place for making cars, medicines, clothes. engineering goods. Many big companies like Mahindra & Mahindra, Force Motors. Eicher Motors have their factories here.
Pithampur is well-connected by roads and train lines, with a major national highway passing through it. It is also part of a big plan called the Delhi-Mumbai Industrial Corridor, which aims to connect business centers across different states. Pithampur’s location makes it a key part of this large project. The area is divided into different sections, with some parts set aside for special business zones that offer benefits like no import or export taxes.
Why This Matters
Giving out these plots is a big step for the region’s business growth. It means more space for companies to set up or expand, which can lead to many good things. The development of Sector 7 alone is expected to cost around 2,400 crore rupees.
One of the most essential effects of this land distribution is the creation of new jobs. When new factories or businesses open, they need workers. In Sector 7, for example, 19 businesses have already said they want to put in over 7,000 crore rupees. This could create more than 9,248 jobs. Also, building all the needed roads and other structures for this big project will create about 6,000 construction jobs for three years. These jobs are not just in factories. also in related services like banking, shops. hotels.
The new plots also help make the local economy stronger. More businesses mean more goods are made and sold. more money moves around in the community. This also means more demand for homes and other services, which helps other small businesses and local people.
Details of the Land Pooling Plan
The land pooling scheme is a special way MPIDC gets land for big projects. Instead of simply buying land, the government works with the landowners. Under this plan, landowners get two kinds of payment for their land. They get 20 percent of the land’s value in cash. The remaining 80 percent is given to them as developed plots for homes or businesses in the same area.
This means landowners become partners in the development. For example, the value of the residential plots given as compensation is expected to go up a lot once the industrial area is fully built. This could mean landowners get more than three and a half times the original market value of their land in the long run. This method helps build trust and cooperation between the government and the people whose land is needed.
For Sector 7 in Pithampur, the plan is to develop over 2,000 hectares of land. A large part of this land, about 1,351 hectares, needs to be bought from private landowners. So far, about 450 hectares of land from landowners has been officially registered. another 150 hectares is in the process. Also, 350 hectares of forest land might be added to this project.
Working with Landowners
MPIDC has been working closely with the landowners to make sure the land pooling plan works well. They have had talks and meetings with groups like the Kisan Sangh, which represents farmers. These talks helped MPIDC comprehend what landowners needed and how to make the compensation plan fair. Officials have also held camps to explain the plan to the landowners and clear up any confusion they might have.
Even though many farmers are willing to give their land, some are still unsure or not happy. MPIDC officials are working to talk with these landowners and address their concerns. The goal is to get their agreement so that the project can move forward smoothly.
The government has also made changes to old laws to make sure this new land pooling method is official and works legally. This includes making it easier to register the land agreements by reducing or removing certain fees.
Future Steps and Support
The MPIDC is not just giving out new plots. also making sure that land that was given out before but not used is put to good use. The corporation has found about 32 acres of land in areas like Pithampur that were empty or not used. Notices have been sent to the owners of these plots. The goal is to give this land to new businesses that will use it, which will help create more jobs and use resources better.
Himanshu Prajapati said that making unused land available again helps in using land resources in the best way, brings in more money for the government. creates new work chances. This shows the ongoing effort to keep the area growing and support businesses.
