The Maharashtra Industrial Development Corporation (MIDC) has announced its decision to allocate vacant plots to aspiring entrepreneurs across various MIDCs, aiming to stimulate industrial growth in the state. This decision aims to help the industry grow in the state. It comes after many people asked for unused factories to be given to new entrepreneurs. This will create chances for people who want to start their own businesses.
As a result, entrepreneurs now have clearer paths to get land for their businesses, leading to discussions about auctioning long-closed factories to facilitate this transition. Sources anticipate that this initiative will spawn new industries across every district and tehsil, potentially alleviating unemployment concerns.
Aspiring entrepreneurs have been pushing for the allocation of land for a while now, prompting MIDC to think about taking back plots from owners who haven’t used them for business.
However, recent controversy has emerged regarding the alleged illegal transfer of 34 utility plots in Hingana MIDC to entrepreneurs, reportedly under ministerial influence. This has prompted calls for transparency and inquiries into related financial transactions.
Furthermore, there are demands to publish a list of vacant plot holders and address the closure of factories due to outstanding loans, advocating for the transfer of these lands to new entrepreneurs.
Meanwhile, MIDC faces challenges in land acquisition for factory expansion due to space constraints, despite numerous closed factories within the state. Consequently, MIDC has prioritized reclaiming vacant plots to allocate them to new industries, striving to optimize land usage and foster industrial growth.