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

The weather department issued a yellow alert in Delhi, clouds will rain in UP and Bihar too; When will the Northeast get relief?

The weather is changing rapidly across the country. Monsoon has arrived in many states, while flo

IPL 2025 Auction: Venkatesh is ready to captain Kolkata Knight Riders, said- like to accept the challenge

Happy to be bought by his old franchise Kolkata Knight Riders (KKR) for Rs 23.75 crore in the IPL

India-US Trade Agreement: The ball is in America's court on the trade agreement; an interim deal can be done in two days

The decision on the India-US trade agreement now rests with the US, as the Indian government has

IND vs AUS Playing 11: Suryakumar Yadav's form will be monitored. Will Samson or Jitesh get a chance? Will Bumrah return?

After losing the three-match ODI series against Australia, the Indian team will now play a five-m

PM Modi Russia Visit: PM Modi left for Russia to attend the BRICS conference, and said- close cooperation in BRICS

Prime Minister Narendra Modi has left for Russia. Special pictures emerged from Kazan before the

'We are proud that we are that country...', Singhvi gave the example of Pakistan while arguing on Kejriwal's bail

The Delhi High Court heard Chief Minister Arvind Kejriwal's petition challenging the arrest and r

Virat-Anushka: This is how Anushka handled the emotional Kohli, celebrated happiness with Lady Luck like this, see photos

Royal Challengers Bangalore has won the IPL 2025 title. In the final, RCB defeated Punjab Kings b

Kolkata Rape Case: Doctors' protest continues in Swasthya Bhavan, said- they are frustrated sitting in AC rooms and we...

Today, a full month has passed since the case of rape and murder of a female trainee doctor in We

India-Pak Tension: After Operation Sindoor, news of explosion-like sound in Lahore, Pakistan, on high alert

After the Indian Army's Operation Sindoor on Pakistani terrorist hideouts, there is news of a bla

T20 World Cup: India became the second country to make this record after England; also won the eighth consecutive match in T20

The winning streak of the Indian team continues in the T20 World Cup 2024. Team India defeated Af

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