State Infrastructure and Industrial Development Corporation of Uttarakahnd Limited
The State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIIDCUL) was established in the year 2002. SIIDCUL is a Government of Uttarakhand enterprise. The main function of SIIDCUL is to create an atmosphere for private-players by providing them financial assistance, speedy clearances and specialized consultancy for setting up industries in the state.
The total area of land lying unused under SIIDCUL is about 2,016 acre (equal to 1,527 football fields). The total value of these unused land parcels is around ₹ 3,917 crore .
About 1,759 acres of land valuing ₹3,561 crore is lying vacant in IIE SitarGanj Phase-II at Uddham Singh Nagar. Another 198 acres of land valuing ₹ 281 crore in IIE Kashipur at Uddham Singh Nagar is kept vacant. In IIE Kotdwar at Pauri Garhwal around 59 acres of land valuing ₹ 145 crore is vacant.
Comptroller Auditor General (CAG) pointed out huge irregularities in the functioning of SIIDCUL. In 2006, SIIDCUL allotted two plots to two companies for the production of helmets and pesticides in Pantnagar Industrial Area. Under the condition that these two companies will have to start the production by September 2008. However, these two companies did not start any production on the land allotted to them and SIIDCUL did not cancelled their allotment. These companies took the benefit such as concession in power tariffs which caused a loss ₹ 4.30 crore to SIIDCUL .
This reveals that SIIDCUL acquired a large chunk of land in the name of Industrial Development and ended up misusing it by giving undue benefits to few companies and wasting the hard-earned money of taxpayers.
If this large chunk of unused and misused land parcels are unlocked from the control of SIIDCUL then it can be put to use for many other productive purposes in the state of Uttarakhand.
Refer to map and accompanying table for details.
|#||Location||Area (acre)||Value (₹ crore)|
|1||Pauri Garhwal - IIE Kotdwar||59||145|
|2||UddhamSingh Nagar - IIE Kashipur||198||281|
|3||Uddham Singh Nagar - IIE Sitarganj Phase II||1,759||3,561|
|Total||2,016 acre||₹ 3,987 crore|
- State Infrastructure and Industrial Development Corporation of Uttarakhand Limited , "SIIDCUL"