'125 Acres Allotted In 2 Months Without Bids' : Supreme Court Criticises UPSIDC, Orders Reform In UP Industrial Land Allocations

The Supreme Court today upheld the Uttar Pradesh State Industrial Development Corporation's (UPSIDC) decision to cancel a land allotment to a private company over payment defaults. However, it sharply criticized the UPSIDC for "serious systemic flaws" in its allocation process, noting that 125 acres of land were allotted within just two months without a proper evaluation of public...