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Notices To Defunct Industries, Companies Taken Lands: KTR

Hyderabad, Aug.25 (Hydnow): Industries, IT and Municipal Minister, K T Rama Rao today instructed the officials concerned to recover lands from industries and companies which failed to start functioning in the city and state. The industries and companies which have got lands should start functioning or return the lands to the government he advised.

The minister held a review meeting on the lands given to the industries and companies, businesses, available for allotment and jobs given to local youth. KT Rama Rao has directed that show cause notices be issued to such industries and companies which are yet to start their business.

He instructed that a blue book of all companies be prepared for use of lands available and steps to be taken. The government is fetching investments for state development and you provide jobs and employment to local talent and youths.

However a few companies are not starting their business after taking the lands he felt. Prepare a list of such industries and companies and issue show cause notices he directed. Our aim is to push productive industries and companies which have agreed to offer jobs to local talent he said. Take necessary action and get back the lands from such defunct companies, the minister has said. (Hydnow)

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