Bengaluru: HMT ordered to return forest land worth Rs 15,000 crore
HMT ordered to return forest land worth Rs 15,000 crore

The Karnataka government has ordered HMT (Hindustan Machine Tools) to return forest land valued at approximately Rs 15,000 crore, as the land was no longer needed for the purpose for which it was originally granted. The order was issued by the Deputy Conservator of Forests (DCF), who stated that HMT had an obligation to return the land to the state government once it ceased to be required for its intended use.

Background of the Land Grant

The land in question was originally granted to HMT decades ago for industrial purposes. However, over time, the company ceased operations on the site, leaving the land unused. The DCF's order emphasized that the land, which falls under forest category, must be restored to its original status and handed back to the forest department.

Legal and Environmental Implications

The decision is based on the condition that land granted for specific purposes must be returned if it is no longer utilized for that purpose. The DCF noted that HMT had failed to initiate the return process voluntarily, prompting the government to step in. Environmental groups have welcomed the move, highlighting the importance of preserving forest land and preventing unauthorized commercial use.

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According to officials, the land's valuation at Rs 15,000 crore reflects its current market worth and ecological significance. The order is expected to set a precedent for other public sector undertakings that hold large tracts of forest land.

Next Steps for HMT

HMT has been given a timeline to comply with the order and complete the transfer of land. Failure to do so may result in legal action. The company has not yet issued a formal response, but sources indicate that HMT may seek clarification on the valuation and terms of return.

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