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

Haryana Furious after Manisha's murder: People came out on the streets, blocked the highway; CBI will investigate, CM announced late at night

The case of teacher Manisha's death has once again taken a new turn. Calling the police's claim o

IPL 2025: Digvesh Rathi was banned for one match and fined 50 percent of the match fee, and was punished for clashing with Abhishek

Sunrisers Hyderabad defeated Lucknow Super Giants by six wickets on Monday in IPL 2025. In this m

King Shahrukh Khan wants to take his last breath at this place, you will start clapping after knowing the reason.

Shahrukh Khan has been ruling Bollywood for many years. In all these years, he has done so many g

Seeing the defeat in Haryana, Congress raised questions on the Election Commission; Jairam Ramesh said- everything is happening at the behest of the BJP.

In the trends of the Haryana election results, the BJP seems to be getting a majority. According

Kantara Chapter 1: Jr NTR praises 'Kantara Chapter 1', calls Rishabh Shetty a mix of actor-director

Rishabh Shetty's upcoming film "Kantara: Chapter 1" continues to generate considerable buzz. Audi

Will Lawrence Bishnoi contest elections now? Who gave him the offer to join politics?

There is not much time left for the Maharashtra Assembly elections. In such a situation, a strang

TCS Layoffs: After the announcement of layoffs, TCS shares fell by two percent. The company is laying off 12000 employees

Shares of Tata Consultancy Services (TCS) fell nearly two per cent on Monday. The company has sai

'Ban on Roza, Namaaz, Haj and Zakat...', Arshad Madani furious at PM Modi's statement on Waqf

Jamiat-Ulema-e-Hind (AM) President Maulana Arshad Madani got angry over Prime Minister Narendra M

BCCI 10-Point Directive: The Board's 'serious' step; with Emphasis on ending star culture, will have to face consequences for breaking the rules

After the crushing defeat in Australia, the Board of Control for Cricket in India (BCCI) has now

'Help us...', after messing with India, Pakistan started begging, now it appeals to the World Bank to give more loans

Pakistan is nervous after India attacked Pakistan. Pakistan's condition is so bad that it is now