Govt to allow conversion of industrial plots | india | Hindustan Times
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Govt to allow conversion of industrial plots

india Updated: Jan 31, 2012 01:09 IST
HT Correspondent

The government has decided to allow the conversion of industrial plots for non-industrial use in industrial areas, which had been developed prior to the enactment of Punjab Scheduled Roads and Controlled Areas (Restriction of Unregulated Development) 1963 Act.

The decision was taken by the state cabinet, which met under the chairmanship of chief minister Bhupinder Singh Hooda.

He informed the media about the decision to transfer all the industrial estate developed by the industries department to HSIIDC.

The conversion of industrial plots for non industrial use

had been allowed subject to the conditions that these plots would be used only for commercial, institutional and warehousing purposes and not for residential purpose, except in case of Sonipat industrial estate as a one-time measure for regularisation of the already residential uses, he added.

The government also decided to reduce the rural development fee on potatoes from 2% to 1% with effect from December 22, 2011 till March 31, 2012, Hooda said.