Trade body calls for cheaper land rates to set up industries in Rajasthan

A Rajasthan-based trade body, Akhil Rajya Trade and Industry Association (ARTIA), has demanded that Rajasthan State Industrial Development & Investment Corporation (RIICO) offer land at cheaper rates for setting up industries.

RIICO, a state government enterprise, sets up industrial areas and it also acts as a financial institution by providing loans to large, medium, and small-scale projects.

ARTIA’s president Vishnu said that the government should ensure the availability of land in industrial areas at affordable or subsidised rates.

He added, “It should be noted that RIICO gets land from the state government to develop industrial areas at concessional rates. RIICO