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.

1 Like 0 Dislike
Previous news Next news
Other news

Vinesh Phogat Retirement: Wrestler Vinesh Phogat announced her retirement; said- Mother. I lost my courage

Surprising everyone, wrestler Vinesh Phogat announced her retirement. She thanked everyone for th

Anurag Kashyap: 'I forgot my limits in anger', Anurag Kashyap apologizes after making an objectionable casteist remark

Filmmaker-director Anurag Kashyap recently made an objectionable comment about a caste community.

Earthquake: 6.8 magnitude earthquake wreaks havoc in Tibet, 32 people killed, 38 injured

Strong earthquake tremors were felt in Tibet on Tuesday. More than 32 people died in this severe

Bengaluru Stampede: BJP asked sharp questions to Congress on the Bangalore stampede, and also mentioned the Allu Arjun controversy

The celebration of Royal Challengers Bangalore's victory in IPL faded when 11 people lost their l

IND vs AUS: The catch was taken... Rahul walked back, then Virat was stopped at the boundary; High voltage drama in a live match

High voltage drama was seen in the ongoing day-night test between India and Australia in Adelaide

Ratan Tata Successor: Who will be the successor of Padma Vibhushan Ratan Tata, who will handle the empire of 3800 crores

Veteran industrialist and honorary head of Tata Sons Padma Vibhushan Ratan Tata passed away on We

Pahalgam Terror Attack: He fought the terrorists alone, and snatched the rifle... This is how Kashmiri saved the lives of many people.

On Tuesday, when terrorists started killing tourists after asking about their religion in Baisara

China-India Ties: 'One-sided dominance and coercion', China said to India amidst Trump's tariff war; cornered America

Five years have passed since the clash between the armies of India and China in the Galwan Valley

Delhi Drug Case: Congress connection of the mastermind of 5600 crore cocaine case, big revelations made during police interrogation

In a major development in the International Drug Syndicate on Wednesday, the Delhi Police said th

CBSE New Rules: CBSE has issued a new rule; these students will not get mark sheets, and the school will be responsible

75 percent attendance is mandatory for board examinees in Central Board of Secondary Education (C

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash