The matter of land acquisition is getting heated up in Hyderabad these days. IT and Industries Minister KT Rama Rao explained that the State government had no proposal to provide compensatory land against land acquired for industrial development. However, he said that other than paying compensation, the State government was also ensuring jobs for eligible people from each family in the industries that are being established in such lands. Responding to questions raised in the State Legislative Council, Rama Rao revealed that about 14,561 acres of agricultural land was acquired in the former Ranga Reddy district for industrial development over the years.
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About Rs. 863.86 crore was disbursed as compensation. After State formation, the Telangana government alone procured about 9,110 acres with more than 8,000 acres acquired for the establishment of the Hyderabad Pharma City project. “We are making efforts to acquire more lands required for the project, but some political people with ulterior motives are trying to obstruct it. We are confident of overcoming these hurdles and resume land acquisition to complete the Hyderabad Pharma City project,” he said.
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In response to another question, the Minister confirmed that the State government was planning to register Balanagar industrial land in favor of Phase-1 unitholders of Balanagar Cooperative Industrial Estate in Hyderabad city. He said a scheme was being worked out to change the lands from lease-hold to free-hold and will be announced formally after obtaining all necessary permissions well in advance. About 47 acres were leased to around 226 MSME units in Balanagar more than 50 years ago and the lease period will soon expire.
