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Patanjali gets UP govt nod for transfer of land to subsidiary

The state government decision enables the Haridwar-based firm to meet the Centre's June 30 deadline to fulfil its various conditions, including acquisition of land, for its final nod to set up the food park

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The Yogi Adityanath government on Tuesday finally transferred 86 acres of land to Patanjali Food and Herbal Park Noida from the total of 455 acres earlier allotted to Patanjali Ayurveda on Yamuna Expressway.

The state government decision enables the Haridwar-based firm to meet the Centre's June 30 deadline to fulfil its various conditions, including acquisition of land, for its final nod to set up the food park.

A decision to this effect was taken in a Cabinet meeting on Tuesday. "The Cabinet has allowed the transfer of land to Patanjali's subsidiary company for setting up food and herbal parks. Other terms and conditions of earlier allotted land will remain the same," said Dr Siddharth Nath Singh, a BJP spokesperson and Cabinet minister.

A day after the group had threatened to cancel the project, BJP president Amit Shah met Ramdev under the party's 'Sampark for Samarthan' campaign and Chief Minister Yogi Adityanath had called up Ramdev and Patanjali Group CEO Acharya Balakrishna personally to assure them of all possible help and co-operation.

Patanjali agreed to continue with the project after Chief Minister Yogi Adityanath spoke to both Baba Ramdev and Acharya Balakrishna and assured them that the land will be transferred, as required.

The UP government then sought extension of the deadline from the Centre till June 30 and passed a proposal to transfer the land during today's cabinet meeting.

Along with its request for transfer of land to its subsidiary company, Patanjali had also asked for a government subsidy of Rs 150 crore for setting up the food park even though the subsidiary company had no land in its name.

In another decision, the Cabinet also cleared a Rs 413 crore proposal for constructing Baba Vishwanath Temple Corridor in Varanasi.

(With inputs from PTI)

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