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PIL demands CBI probe into Odisha govt’s nod to industrial units to mortgage land

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Odisha Sun Times Bureau
Cuttack, July 2:

A public interest litigation (PIL ) seeking a CBI probe into the ‘objectionable’ manner in which the IDCO has been giving no objection certificate ( NOC) to various industrial units in Odisha to mortgage the land provided by it to help them secure loans,  has been filed in the Odisha High Court.Orissa High Court

The petitioner Rohan Mohanty, president of Odisha Yuva Manch, who filed the PIL on Tuesday, has prayed for a CBI probe in the matter and sought directives from the court for action against the ‘guilty’ officials.

The state chief secretary, additional chief secretary Revenue and Disaster Management department, principal secretary Home department and chairman cum managing director IDCO have been named as opposite parties in the PIL.

The petitioner has stated in his petition that the state government after land acquisition had provided the land on lease basis to IDCO, which in turn had provided it to different industrial units on sub-lease although it was not legally authorised to do so.

A number of industrial units have ‘illegally’ availed loans to the tune of Rs 52,423. 50 crore from banks and financial institutions by pledging the land they got from IDCO by way of sub-lease , the petitioner stated in his petition.

Alleging large-scale irregularities,  the petitioner Mohanty said IDCO has provided a total of 46,732.894 acres of land to various industrial units,  out which it  has issued NOCs for 13,846. 238 acres to some industrial units for mortgaging.

The petitioner drew the attention of the court to the CAG report which has pointed out to the irregularities committed by IDCO.

While contending that the state government had provided land to IDCO on lease for industrialization of the state, the petitioner has asked how IDCO, which is a lease holder, was allowed to issue NOCs to sub lease holders to mortgage the land allotted to them.