Tue Dec 30 15:54:11 UTC 2025: Here’s a summary of the text, followed by a rewritten news article:
Summary:
Udupi Deputy Commissioner T.K. Swaroopa warned entrepreneurs in Udupi, India, that land allotments for industrial purposes will be forfeited if industrial activities don’t commence within six months. She expressed concern over delays and urged banks to expedite disbursement of funds for government-sponsored schemes to stimulate the district’s economy and create jobs. She also directed officials to prioritize land demarcation for small industries and expedite compensation payments to landowners affected by road construction to the Belapu industrial area.
News Article:
Udupi DC Warns Entrepreneurs: “Use It or Lose It” on Industrial Land
Mangaluru, India – December 30, 2025 – Udupi Deputy Commissioner T.K. Swaroopa issued a stern warning to entrepreneurs allotted land for industrial projects, stating that failure to commence activities within six months will result in forfeiture of the land. The announcement came during a district-level implementation committee meeting held at the district office complex in Rajatadri.
“When industrial activity gears up, it helps improve the district’s economy and provides more jobs for aspirants. The administration, therefore, encourages new entrepreneurs and aims to make them successful in their respective ventures,” said Ms. Swaroopa. She expressed frustration that some entrepreneurs have been seeking repeated extensions without starting operations, hindering the district’s economic growth. Forfeited lands will be reallocated to applicants on the waiting list.
The Deputy Commissioner also addressed delays in the disbursement of funds for government-sponsored schemes like the PM-Vishwakarma scheme and the PM Employment Generation Programme (PMEGP), urging banks to expedite the process. She highlighted that while thousands of beneficiaries were sanctioned financial assistance, a significant number are still awaiting the release of funds.
Furthermore, Ms. Swaroopa directed officials to prioritize the demarcation of land at Shivapura and Kerebettu for small-scale industries. She also instructed them to expedite compensation payments to landowners affected by the Belapu industrial area road project, emphasizing that funds will be deposited with the court if landowners refuse to accept the compensation.
The meeting was attended by key officials including Joint Director of Industries Nagaraj V. Nayak, District Small Scale Industries Association President Vasanth Kini, and Municipal Commissioner Mahantesh Hangaragi.
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