West Bengal govt. is all set to provide 50 Acre plot in Newtown, Kolkata to IT giant Wipro as freehold land rights wherein the company will be at liberty to use 49% of the land for non IT purpose as well. This offer is been sent to land and land reforms and finance departments for clearance by the government.
Mamata Bannerjee government has reservations for Special Economic Zone(SEZ) status because of political obligations as promised in 2011 elections, hence has come up with freehold land lease which is convenient for the investors as they don't have to seek clearance from different departments as well. Infosys has been already been given freehold land lease in the State.