Orissa cabinet decides on land lease for Sri Sri Ravishankar University: 6 crores for 185.97 acres
Following is an excerpt from a news report in Economic Times.
Orissa Government on Saturday decided to allot nearly 200 acres of land at a concessional rate to Sri Sri Ravishankar Vidyamandir (SSRV) for setting up its proposed multi-disciplinary university in the state.
This was decided at the state cabinet’s meeting today, presided over by Chief Minister Naveen Patnaik.
According to the government’s decision, the Bangalore-based trust will pay Rs 6 crore for 185.970 acre of land near Naraj barrage over river Mahanadi in Cuttack district.
Officials said while the actual price of the land sanctioned in favour of the trust would be Rs 30 crore, the government, on the basis of its Industrial Resolution Policy, decided to offer the land at a cheaper price.
"The government is prompted to give land on concessional price as the trust would be setting up a university of international standard in the state," said Chief Secretary Ajit Tripathy. …
Sources said that the government has demarcated land for the purpose in three villages in Cuttack sadar tehsil. "While 105.57 acres are demarcated in Vidyadharpur village, 48.21 acres in Arilo village and 32.19 acres in Govindpur village," he said.
The SSRV had signed MOU with the state government on December 12, 2006 for the university.
The decision came close on the heels of the government’s decision to allot nearly 6,200 acre of land to Vedanta group for setting up its university near Puri.
2 comments September 23rd, 2007