West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs: Reimbursement of Stamp Duty

Any private sector having minimum 5 acre land under its legal possession (by direct purchase, or on lease from the State Govt) can apply through a Special Purpose Vehicle (SPV) registered under Companies Act/Societies Registration Act /Partnership Act/LLP can apply for setting up a new Industrial Park on the said land. Also, Owner of any existing/operational privately operated. industrial parks can also apply under SAIP, provided:- a) Park area is expanded up to minimum 5 acre in outlying districts and minimum 2 acre in Kolkata and Howrah. b) The individual units have complied with all the necessary clearances for land conversion, fire licence, environmental issues, building plan etc.

Minimum area required for a Park with for heterogeneous activities is 5 acre in any district. However, the scheme shall also be extended to parks dedicated entirely/substantially for Logistics and Warehousing Industry. But such parks shall have to be set up outside the municipal limits and must be developed upon a minimum area of 10 acres. <br>

SPV will develop the Master Plan/Layout plan of the AIP adhering to the Urban Planning/ Town & Country Planning rules and shall have to obtain the master plan/ layout plan approval from relevant State Government Department with respect to adherence of rules (FAR, Land use, Area Statement, Open Space, Fire Safety, Waste water Management, Water Conservation, Drainage, Sewerage, Solid Waste Disposal, Utility shifting, Power, water, telecommunication, road connectivity and network, etc) including conformation of specification of infrastructure facilities/utilities and quality standard. The SPV shall also be responsible for compliance of other statutory norms (Consent to Establish for the Park based on the activities of the proposed Units envisaged, Mutation, Conversion, Exemption of 14Y of WBLR/ UC Acts, if applicable, etc) as relevant from concerned State Government Departments/Govt. of India/ Authorities. All the compliances/ approvals/ licenses shall have to be obtained before construction of the park.

The basic requirement of legal possession is completion of Mutation process for the proposed land in f/o the SPV, or, in favour of the proponent individuals. For the latter, the said individuals have to make a Development agreement with the SPV giving it liberty to develop the Park upon their land.

Common infrastructural facilities mean anything that will be used commonly by the MSME units in the park. Examples are - Land development, boundary walls, internal roads and street lighting, storm water drainage, sewerage system, STP & WTP (if applicable), water distribution network, electrical main distribution network, telecommunication network, common firefighting infrastructure, solid waste disposal site (if applicable), greenery, guardhouse, gate, and misc. civil structure etc.

The SPV shall allot the saleable land plot/ space of the ATP to MSMEs through open advertisement in newspapers declaring rates of plot of land/ shed / buildings/ installations. In case applications more than the available plot of land/ shed/ buildings/ installations are received then allotment shall be made through lottery.

There shall be minimum 5 number of independent MSME Units in Park which will cover 60% of the allottable area of the park.

Minimum 60% of allottable area can have different manufacturing activities including Cold Storage, Poultry, Fisheries, Logistics & Warehousing.Maximum 5% area can have hostel/housing/guest house.Minimum 10% as open space, or, as per guideline of Building Rule and Ministry of Environment & Forest, Gol.Rest areas can be used for common infrastructure and greenery.

The SPV shall manage and maintain the AIP for a minimum period of 5 years from the date of completion of construction/installation of the Basic and Essential Common infrastructure Facilities and allotment of minimum 80% of the saleable land to MSMEs without change in shareholding pattern.

Industrial Park for MSMEs approved by "State Level Empowered Committee" (SLEC) under the Scheme and subsequently notified by the State Government in the Department of Micro, Small & Medium Enterprises and Textiles, Government of West Bengal.