No investment coming to Jharkhand for want of land: JMM

Jharkhand Mukti Morcha (JMM) on Monday said BJP government in Jharkhand has failed to attract investment during its last eight months of rule even as the World Bank ranked the mineral-rich state third in 'Ease of Doing Business for Make In India' programme.

PTI| Updated: Oct 05, 2015, 17:35 PM IST

Jamshedpur: Jharkhand Mukti Morcha (JMM) on Monday said BJP government in Jharkhand has failed to attract investment during its last eight months of rule even as the World Bank ranked the mineral-rich state third in 'Ease of Doing Business for Make In India' programme.

Not a single Memorandum of Understanding regarding new investment was signed during the last eight months of the Raghuvar Das regime, JMM chief spokesman Kunal Sarangi said.

"This is a major failure of the state government as the World Bank has recently ranked Jharkhand third in 'Ease of doing business for Make in India'," Sarangi, an MLA, told PTI.

The reason behind this is the state does not have land for prospective investors, he said, adding a 'land bank' is urgently required.

"Even existing industrial units are facing difficulty to get government nod for expansion plans due to land problem," Sarangi said.

The Das government had to shelve a mega steel plant project in Manoharpur in West Singhbhum for the same reason, the JMM leader said.

Besides, Reliance had withdrawn its proposal to invest in mega power plant for want of land, he claimed.

The condition of national highways is also very poor and agriculture land in and around the highways are getting damaged owing to the dust coming from those highways, he said.

Sarangi said JMM would launch a movement if the highways are not repaired before the Durga Puja, as promised by the government.