The step is being envisaged as another thread in the course of city's industrial decline and apparent official neglect. A number of other important official institutions have been closed down, rendered redundant or shifted from the city in the recent past.
The Central Pollution Control Board (CPCB), National Environment Engineering Research Institute (NEERI) and State Bank's Circle office are some of them.
The city has already lost a number of major industrial plants like Duncan's fertiliser plant, LML scooter factory, Swadeshi house and nine other major textile mills due to inadequate infrastructure and power supply.
The National Textile Corporation (NTC) and British India Corporation (BIC) are another two units, which are facing extreme financial crisis and set for closure. The UPSIDC had hardly been able to stem the industrial retreat in the city.
The much awaited Tronica City has been left unaccomplished and the proposed four Special Economic Zones (SEZs) have been surrounded with various controversies.
