It will be mandatory to set up factory on the land within five years of obtaining permission of its non-agricultural, industrial use, Maharashtra Chief Minister Devendra Fadnavis said here today.
Officials should ensure that such a land is not misused, the Chief Minister said at a review meet of 'Make In Maharashtra' program.
'Ease of doing business' in Maharashtra was discussed at the meeting, an official release said.
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"It is seen that NA permissions are taken on a large scale for industrial use of land, but no factory is set up there. There should be a penalty for the concerned (owner) if the factory is not set up even five years after obtaining the NA permission. Such a land should be returned to the farmers or given to other entrepreneurs," Fadnavis said.
There are various outdated permissions required while setting up a factory. It should be examined if scrapping of such rules would make any special difference, he said.