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News India Live, Digital Desk: If you are a businessman or are dreaming of starting your own small industry, then what is the biggest obstacle? it’s obvious Land CostLand has become so expensive in cities that more than half of a person’s budget is spent in buying a plot, But, if I tell you that a state government you just 1 rupee (Yes, one coin), would you believe it?
It sounds like a dream, but the Nitish Kumar government of Bihar has made it a reality. Bihar government to increase investment and employment in the state ‘BIADA’ A bumper offer has been made under this.
Let us understand in simple language what is this ‘1 rupee deal’ and who will benefit from it.
Land for ₹1: What’s the real story?
Actually, the Bihar government wants to set up big factories like textile and leather in the state so that the youth of Bihar do not have to wander to other states for employment. For this, ‘Bihar Industrial Area Development Authority’ (BIADA) has decided that they will give nominal lease (Token Amount) to the industrialists of particular sector. 1 rupee But will provide land. This is a kind of rent/lease amount which is negligible.
Who will get this benefit? (Know the terms)
Friends, this land is not available for building houses or for farming, it is only for setting up industries.
- Textile and Leather Sector: This scheme is mainly to promote textile and leather industry. Its impact has been visible in areas like Muzaffarpur.
- Big and small investors: The focus of the government is that you should take the land and start production there as soon as possible and provide jobs to the people.
Time is till 31st March (Deadline)
If you have a great business plan, don’t delay. Usually before the end of the financial year, i.e. 31st March Such applications are given priority. The government wants that as many files as possible should be cleared before this date so that work can start from the new year.
Why choose Bihar only?
Not only cheap land, Bihar government is also giving other benefits on the lines of “Come and Build” (Plug and Play):
- Ready made sheds are available.
- Electricity at affordable rates.
- There is no shortage of manpower to do the work.
how to apply?
To avail the benefits of this scheme, you do not need to visit government offices. You can visit the website of Industries Department of Bihar Government or BIADA Portal You can apply online by visiting (biada.bihar.gov.in) and see the available plots.
So friends, if you also want to become a “job giver” and not a “job maker”, then Bihar is ready to welcome you. This offer is no less than a lottery for the business world!