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Gautam Buddhnagar to e-auction industrial plots up to 8,000 sqm after policy changes

Synopsis

Gautam Buddhnagar is changing its industrial land allocation policy. The new plan includes e-auctions for plots up to 8,000 square meters and a return to previous methods for larger plots. This decision follows a review led by Chief Minister Yogi Adityanath and aims to balance land allocation between small and large businesses. Earlier, e-auctions were replaced by interviews, but smaller entrepreneurs criticized this change. The new policy will start soon, but concerns still exist about favoritism towards larger investors.

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Gautam Budh Nagar is set to change its industrial land allotment policy once again. From now on, e-auctions will be used for plots up to 8,000 square meters. This decision follows a review led by Chief Minister Yogi Adityanath. For larger plots, authorities will use objective criteria or interviews to decide who gets the land.

In July last year, UP Industrial Development Commissioner Manoj Kumar Singh instructed that the e-auction process be abolished. This was because the e-auction process was seen as favoring large companies, making it hard for smaller businesses to secure land. As a result, Noida and Greater Noida switched to interview-based methods in August and September. YEIDA followed this approach later.

However, in February UP Industrial Development Minister Nand Gopal Gupta Nandi ordered that all land allotments must first get approval from the CM which paused the process. Now, with the updated policy, the process is expected to start again.

The previous method, used before April 2022, received a mix of draws and interviews. The change happened partly because smaller businesses felt the e-auction system was biased toward larger films.

Before April 2022, Gautam Budh Nagar used draws and screening committee evaluations to allocate plots. Plots over 2,000 square meters were evaluated by the committee. Smaller plots were assigned through a draw of lots.

PK Tiwari, President of the Industrial Entrepreneurs Association, raised concerns about the new system. He thinks the e-auction process might still favour larger investors. This makes it harder for smaller entrepreneurs to get land. Tiwari suggested using a draw of lots for plots to 2,000 square meters to ensure fair access for smaller businesses.

The Gautam Buddhanagar authorities are striving to balance the needs of all businesses. Their goal is to ensure fair land access for both large and small enterprises.

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