A simple, transparent and efficient governance & regulatory environment is an essential requirement for ease of doing business in a country. Ease of Doing Business enhances investor confidence and helps attract Foreign Direct Investments. In addition, transparent regimes lower costs of doing business and give a boost to small & local businesses to realize their entrepreneurial ambitions. Enabled by technology, a rule based business environment can be ushered in, thereby eliminating structural demand-supply bottlenecks that can impede growth.
Thus it becomes vital for governments to build confidence in the industrial community towards setting up their businesses there. Many governments are taking steps to streamline and impart absolute transparency to land allotments in all sorts of industrial and commercial areas. The use of technology can to a very large extent help mitigate a lot of bottlenecks that are associated with a manual process. These technology interventions can work with the various departments to ensure that the process is seamless, transparent as well as efficient.
To help streamline the process, CSM as part of their Land and Industry suite of products, has developed an electronic Land Allotment System. Built to meet the needs of land holding agencies, townships and industrial complexes, the system helps in achieving a streamlined framework for managing their land resources, bring ease in the entire transaction and provide constant feedback and reports for monitoring. The efficiency is improved by making it paperless, and a customer friendly dashboard for both the agencies and their clients ensures transparency.
Key features of the system are as below:
To ensure greater efficiency in land allotment, Aurangabad Industrial Township Limited (AITL), a SPV between Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) and Maharashtra Industrial Development Corporation (MIDC) has introduced our first of its kind Land Allotment System in the country where end-to-end land allotment processes have been automated with minimal in-person interventions. This is a great breakthrough in the use of ICT interventions to provide a conducive & convenient ecosystem to investors. This paperless & contactless Single Window System will prove to be a path breaking innovation that unlocks the true potential of land.