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Global Business News

The Economic Times

Global Business / The Economic Times

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CII calls for GIS-enabled national land bank to ease industrial acquisitions

The Confederation of Indian Industry (CII) is advocating for a unified national industrial land bank. This initiative aims to create an online system simplifying land acquisition for factories. The proposed system will offer comprehensive land details. Reforms include standardized impact assessments and faster acquisition processes. Uniform stamp duty is also recommended to streamline investments across states.

20 Apr 2026 12:22 am