ENA State 2025-03-18 16:06:24 <p><span style="font-size:14px"><strong>Chandigarh, Mar 18 (KNN)</strong> Haryana Chief Minister Nayab Singh Saini presented the state budget for the fiscal year 2025-26 during Monday's session of the Haryana Assembly, announcing several measures to support industrial development and streamline regulatory processes.</span></p> <p><span style="font-size:14px">A key highlight of the budget is a new policy aimed at legitimising certain industrial units through collective application.</span></p> <p><span style="font-size:14px">Saini stated that if at least 50 entrepreneurs with units located on a minimum of 10 acres of contiguous land collectively apply through a designated portal, all such industrial units will be considered legal by all government departments until a final decision is made on the group's application.</span></p> <p><span style="font-size:14px">The Chief Minister also addressed the administrative challenges faced by industry owners in estates previously transferred from Haryana Shehri Vikas Pradhikaran (HSVP) to the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC).</span></p> <p><span style="font-size:14px">To simplify regulatory processes, Saini announced that HSIIDC will now regulate these plot holders based on the terms and conditions of the original allotment letters issued by HSVP, rather than HSIIDC's own Estate Management Policy (EMP).</span></p> <p><span style="font-size:14px">This is expected to ease the process of obtaining Transfer of Ownership, Occupation Certificates, and Project Completion Certificates.</span></p> <p><span style="font-size:14px">To improve living conditions for workers, the budget includes plans to construct dormitories and single-room units in all industrial estates to provide affordable housing.</span></p> <p><span style="font-size:14px">As part of a pilot project, HSIIDC will allocate five acres of land each at Rai Industrial Estate, IMT Bawal, and IMT Manesar for this purpose.</span></p> <p><span style="font-size:14px">The budget proposals are designed to enhance industrial efficiency, reduce bureaucratic delays, and support the overall growth of the industrial sector in Haryana.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41427 https://knnindia.co.in/news/newsdetails/state/haryana-cm-announces-scheme-for-regularization-of-industrial-areas-with-over-50-units 2025-03-18 16:06:24 knnindia.co.in