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

Rekha Gupta: Delhi CM Rekha Gupta gets Z category security, accused Rajesh gets five-day police remand

Delhi Chief Minister Rekha Gupta has been given Z-category security. According to sources, the ce

Earthquake tremors were felt in Kutch, Gujarat, with no loss of life or property.

Earthquake tremors were felt in Kutch district of Gujarat this morning. The magnitude of the eart

IND vs ENG: 'If you are fit then play all the matches', Dilip Vengsarkar targeted Bumrah; also reprimanded Gambhir-Agarkar

Former Indian team captain and former chairman of the selection committee Dilip Vengsarkar has ta

India's Got Latent Row: Ranveer remains out of police reach and has not given any answer, not even to the investigating agency.

Recently, Ranveer Allahabadia made objectionable comments in comedian Samay Raina's YouTube show

IND vs PAK: Haris Rauf hasn't improved despite being punished once; now the ICC will take action again!

Pakistan fast bowler Haris Rauf has once again found himself embroiled in controversy. After catc

Trump Zelenskyy Row: America took a big step after the debate with Zelensky, and stopped military aid to Ukraine

The US has taken a big step after Ukrainian President Volodymyr Zelensky's debate with US Preside

Mayday, Mayday... Who did the pilot call before the Ahmedabad plane crash?

Air India's plane AI-171 has crashed in Ahmedabad, Gujarat. There were 242 passengers on board th

UK PM in India: PM Modi and Starmer to meet today; will discuss bilateral issues and Vision 2035

Starmer, who is on his first visit to India since assuming office as Prime Minister, will meet wi

Nepal Unrest: India rescued the volleyball team trapped in Nepal; the video went viral, pleading for help

Amid the violent protests in Nepal, an Indian volleyball team has been safely evacuated by the In

Yami Gautam: Yami Gautam got emotional when her father received the National Award for the first time, said- everyone is proud of you Papa

Yami Gautam has made her acting debut with the TV serials 'Chand Ke Paar Chalo' and 'Yeh Pyar Na

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