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Irked industrialists to knock CM’s door

Around 17 industrial associations have decided to stage a demonstration outside Haryana chief minister’s residence at Pandit Pant Marg in New Delhi on June 11. They are protesting against the implementation of the Estate Management Procedures (EMP) 2011.

Updated on: May 22, 2011 12:18 AM IST
Hindustan Times | By , Gurgaon
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Around 17 industrial associations have decided to stage a demonstration outside Haryana chief minister’s residence at Pandit Pant Marg in New Delhi on June 11. They are protesting against the implementation of the Estate Management Procedures (EMP) 2011.

HT Image
HT Image

Calling the EMP provisions as illegal and unfair, Udyog Vihar Chambers’ president Col Raj Singla said, “Charging more than twice the registration fee, in the name of transferring fee and levying lease amount on freehold properties, creates dissuading business environment.”

The industrial associations have reportedly hired SP Jain as their lawyer and have planned to move the high court. Jain is a former MP.

“There is a provision in the EMP, wherein the Hsiidc (Haryana State Industrial and Infrastructure Development Corporation) will charge 50% of the rental collection from us, which is baseless. What’s the point of calling the property as freehold when they put such noose-tightening provisions? Even a mafia wouldn't charge this much of the rental income from businessmen,” added Singla.

However, the Hsiidc officials refute the allegations levelled by the industrialists and claim that the latter haven’t read the new policy before deciding to slam it.

“No one has compared the new policy with the old one. We conducted a series of meetings with industrial associations and sought their suggestions before drafting the pro-business policy. To apprise them of the advantages, we will hold workshops on June 3 (Udyog Vihar) and on June 4 (IMT Manesar),” said Divya Kamal, deputy general manager (estates), IMT Manesar, Hsiidc.

At workshops, industrialists will be offered to sign an undertaking, which will read that they accept the new policy. Those who toe in line will fall under the new policy, while the rest will remain under the old EMP. The process of signing undertakings has to be finished by June 30.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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