In a recent meeting organized by the Uttar Pradesh Cottage and Small Industries Development Authority (UPCD), Mr. Rajkumar Sharma, Divisional General Secretary, and Mr. Pankaj Kumar Jain, President of Meerut Metropolitan, represented Laghu Udyog Bharti. The meeting, attended by Dr. Shri Arpit Jain, General Secretary of UPCD, addressed concerns regarding the allocation of industrial land in Kotwal and the subsequent change in plans by the government administration.
During the meeting, it was highlighted that Laghu Udyog Bharti played a significant role in identifying the industrial land in Kotwal and successfully freeing it from illegal possession. However, instead of utilizing the land for industrial purposes, the government administration allocated it to the Home Department for alternative use. This decision has left the entrepreneurs of Meerut disheartened and disillusioned.
Entrepreneurs in Meerut believe that such actions reflect a step-motherly treatment towards them and raise concerns about future support for their ventures. They question the need for holding meetings and seeking suggestions if the administration does not value their input and concerns.
In response to these grievances, Mr. Rakesh Jha, RM UPCida, explained that UPCida does not have sufficient funds to purchase expensive land for industrial purposes. This financial constraint has limited their ability to acquire suitable land for entrepreneurs in Meerut.
In light of these challenges, Mr. Pankaj Kumar Jain, President of Laghu Udyog Bharti Meerut, proposed a solution during the meeting. He suggested that entrepreneurs be given the option to pre-book plots at more affordable rates, similar to the pre-launch concept. To ensure transparency and protect the interests of entrepreneurs, an escrow account could be established to hold the advanced payments. In the event of a delay in providing possession of the developed plots within the stipulated time, provisions should be made to return the entrepreneur’s money with interest.
This proposed plan aims to address the financial limitations faced by UPCida while safeguarding the interests of entrepreneurs. By allowing entrepreneurs to secure plots at cheaper rates and ensuring the return of their funds if the project faces delays, this approach can boost investor confidence and encourage the growth of small-scale industries in Meerut.
It is crucial for the government administration to consider the valuable suggestions put forth by Laghu Udyog Bharti and work towards creating a supportive environment for entrepreneurs. By fostering a favorable ecosystem for small-scale industries, Meerut can experience economic growth, job creation, and overall development.
The entrepreneurs of Meerut hope that their concerns will be acknowledged, and proactive steps will be taken to address the challenges they face. By collaborating and finding innovative solutions, the government, Laghu Udyog Bharti, and entrepreneurs can work together towards building a thriving industrial sector in Meerut.
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