Monday, June 6, 2011

Maya Govt announced new land acquisition policy

On this Thursday Mayawati government has introduced a new land acquisition policy to facilitate farmer those land has been acquired for development. According to this policy those farmers have provision to get return back 16% of their land which has been full developed. After the several protest demonstrated over the land acquisition issue by farmers and villagers in the entire state, now BSP government has come up with the new land acquisition policy under this policy state will no longer to acquire directly land for the development of the private sectors.
According to the sources the new announced policy will come into effect on higher priority basis. When asked more about this policy officials said that “farmers won’t benefited under this policy those lands are already under process for land acquisition” several farmers protesting in Bhatta Prasaul in Greater Noida to Allahabad, where power projects are coming up, would continue to be deprived of benefits announced in the new policy. They added that this policy has been divided into three sects such as for private sector i.e. industries, power projects, expressways etc, land acquisition is to be done directly by the private entity and the government would have no role in acquisition except facilitating the process.
Under this policy any private company could directly make contact with the farmers whose 705 land acquired, whereas if 705 landowners are disagree with the compensation package then their project will be reordered. Though farmers have an option to get back their full developed lands 16%. In addition they will get annuity of 23,000 per acre acquired for the next 33 years besides other benefits under the Rehabilitation and Resettlement Policy of 2010.
If farmer is not willing to take the entire 16 percent of the developed land then he has option take part compensation in cash and the remaining as developed land. The developed land farmers get would be free of cost and no stamp duty would be charged. In case the farmer uses the compensation amount to buy agricultural land anywhere in the state within one year of acquisition he would enjoy stamp duty waiver.



Posted: 03 Jun 2011 05:42 AM PDT

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