UP Cabinet Meeting: Landowners will be able to become partners in industrial development, green signal to land pooling policy in a cabinet meeting

Posted on 26th Jun 2024 11:49 am by rohit kumar

To implement the investment agreements made in the Global Investors Summit and to make land easily available for industries, the state government has decided to make landowners partners. Under the Land Pooling Policy-2024, Industrial Development Authorities will be able to mobilize land for setting up industries.

 

At the same time, a part of the land taken from the landowner will be returned to them as 'developed land', which they can transfer to someone else's name. In the cabinet meeting on Tuesday, the proposal related to the land pooling policy was postponed after discussion. Chief Minister Yogi Adityanath suggested some amendments to make the policy more practical and asked to put it in the next cabinet meeting.

 

Let us tell you that under the Land Pooling Policy-2024, Industrial Development Authorities will be able to mobilize land for setting up industries and landowners will also be able to voluntarily become partners in industrial development. This policy is to be effective in all Industrial Development Authorities except the notified area of ​​Greater Noida, Noida and Yamuna Expressway Industrial Development Authority.

 

Under the pooling policy, the Industrial Development Authorities will acquire land that will be around their master or zonal plan 80 percent of which will be voluntarily given by the landowners. The remaining 20 percent of the land will be acquired under the Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013.

Other news

UP Budget: A budget of 8 lakh 8 thousand 736 crores was presented in the House, a 9 percent growth compared to last year

The budget of the UP government was presented on Thursday. Finance Minister Suresh Khanna present

Jagannath Rath Yatra: A day after the stampede in Puri, a huge crowd of devotees gathered to have darshan of Lord Jagannath

Thousands of devotees thronged to have darshan of Lord Jagannath, Balabhadra and Devi Subhadra on

Delhi Assembly Election: 'Remember, vote first, then have refreshment'; PM Modi and Amit Shah appeal to voters

Voting has started today for the Delhi Assembly elections. The voting process has started on all

Nazul Bhoomi Bill: 'BJP is against home and family', Akhilesh challenges BJP; implement Nazul Bill across the country

SP President Akhilesh Yadav appeared aggressive on Friday regarding the Nazul Land Property Bill-

Virat Kohli Birthday: From scoring a half-century of centuries in ODIs to becoming a world champion, know Kohli's records

Former Indian team captain and star batsman Virat Kohli is celebrating his 36th birthday today. K

IND vs NZ: Is Team India benefiting by playing in one place? New Zealand's star spinner gave this reaction, know

New Zealand off-spinner Michael Bracewell on Friday dismissed any talk of India getting an unfair

Amit Shah, Home Minister, angry at Chidambaram's statement on Operation Sindoor, asked- What will you get by saving Pakistan?

During the discussion on 'Operation Sindoor' in the Lok Sabha, Home Minister Amit Shah launched a

Uttarakhand Cloudburst: One woman died in Rudraprayag, cloudburst also caused devastation in Chamoli, Tehri, and many people are missing

Incidents of cloudburst have been reported at different places in Uttarakhand. A woman died after

'BJP and Sangh are spreading rumours about Waqf...', Owaisi got angry after giving the data of lands of Hindu organizations.

AIMIM chief Asaduddin Owaisi criticized the proposed Waqf Amendment Bill of the Central Governmen

India's Got Latent: The user asked Tanmay why don't you take Samay Raina's stand? YouTuber reacted

Tanmay Bhat has broken his silence on the controversy surrounding fellow comedian Samay Raina's s