Rush hour for Patanjali Park to submit documents

Image Source: India TV

 

July 28, 2018

Patanjali Groups is struggling nail and tooth to get the crucial clearances from both the central and state governments for its dangling Rs. 6,000-crore food park in Noida. Patanajli is in the last minute preparation for submitting the some necessary bank documents which are obligatory for processing the project.

 

The technical committee was to review Patanjali’s mega project papers this month which was postponed because company’s papers related to bank approvals and a detailed project report had been delayed, the officials in the food processing ministry cited.

 

Among the three projects viz.. Vidhyanchal Attivo Food Park in Mirzapur and the Infrastructure Alliance (India) Private Ltd in Mathura, Patanjali’s mega food park has nearly completed all the formalities. Apart from these three, one more food park will be set up in Arunachal Pradesh. Official sources said companies in both Mirzapur and Mathura are yet to submit some of their documents.

Patanjali spokesperson S.K. Tijarawala said the company has filed all the relevant papers and has submitted them to the ministry. “We sent these on 18thJuly but since multiple processes are involved, it may take time to reach authorities. Nothing more is pending from our side,” Tijarawala said.

The UP government had cleared the land deal for the project on a priority basis after Patanjali heads accused Yogi govt of bureaucratic delays in approving big investment projects. After scrutinizing the documents, Patanjali awaits the final decision of Central government. NABARD, Niti Aayog and other ministries and headed by a senior official from the food processing ministry will examine the proposal in details during the review for the final flag off.

“We have been sending them reminders for submission so that the review can happen soon. Had they sent the bank papers on time, the review process could have been over by now,” an official said. It is mandatory for a bidder to submit both land possession documents and bank appraisal of its project.

Prime Minister Narendra Modi is scheduled to inaugurate these mega parks on 29th July 2018.

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