Pb clears amendments to land pooling policy
Mann countered the opposition's charge that the scheme would 'rob' farmers of their land and claimed that the farming community was 'liking' the policy.
The Punjab Cabinet last month gave its nod to the land pooling policy and had then asserted that not even a single yard will be forcibly acquired from land owners.
After chairing a Cabinet meeting here, Mann said the opposition parties' claim that there will be no land registry once the notification of a piece of land is issued was baseless. 'For example, if an urban estate is to be developed over 140 acres of land and which land owners of 15 acres do not give their land for it. Then it does not mean that farmers (owning 15 acres) cannot take a loan, or mortgage their land,' he said while speaking to reporters here.
Mann said that until the urban development work starts over a piece of land, farmers who opt for the land pooling scheme can do farming activities. They will get Rs 50,000 per acre as compensation, he further said. After the government takes possession of the land, farmers will then get Rs one lakh per acre, he said.
'If it takes more than a year in land development, then farmers will get a 10 per cent increase every year in the (Rs 1 lakh) amount,' said Mann, while referring to amendments made in the policy following suggestions of farmers.
Mann described the land pooling policy as a 'historic' policy of the AAP government and said it is a policy in which there is no injustice to farmers. 'Rather, they (farmers) are becoming partners (of the scheme). They are liking the policy,' he said.
Under the land pooling policy, a land owner will be given a 1,000 square yards of residential plot and a 200 square yards of commercial plot in fully developed land in lieu of one acre of land, the state government had said earlier.
Mann said if a farmer does not want 200 square yards of a commercial plot, then he will be given an additional 600 square yards in a residential plot, which will then become a total of 1,600 square yards.
Chief Secretary K A P Sinha said Farmers will be able to get a loan against the letter of intent. 'Farmers will not face any financial loss,' said the chief minister.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
13 minutes ago
- Indian Express
Gaikwad comes up with an ‘agreement' to ‘fight' AIMIM MP Imtiaz Jaleel
Shiv Sena MLA Sanjay Gaikwad on Wednesday said that he is ready to 'fight it out' with former AIMIM MP Imtiaz Jaleel, who had allegedly threatened to beat Gaikwad. He also said that he has made an 'agreement' on Rs 500 stamp duty paper for the 'fight' with Jaleel. Responding to Gaikwad's challenge Jaleel said that the chapter is closed for him and asked the Sena MLA to not indulge in cheap publicity gimmicks. Gaikwad was caught in a controversy after he slapped a staffer of the Akashwani MLA hostel canteen in Mumbai earlier this month. Following this Jaleel had said, 'If I was in place of the canteen owner, I would have thrashed Gaikwad,' On Wednesday speaking at a rally in Buldhana Gaikwad said, 'I have come up with an agreement duly signed on Rs 500 stamp paper. Jaleel has given me a personal challenge. Jaleel and I will fight it out. There will be no use of weapons. Whatever happens in this fight, we both will be responsible for it. Jaleel should decide the day, time and venue for this fight,' he said. 'The chapter is closed for me..I do not want to indulge in unnecessary verbal duel with him. I want to continue to focus on development in my area as well in Maharashtra. I have no time to indulge in such publicity gimmicks. I would urge Gaikwad too to stop indulging in such tactics,' Jaleel told The Indian Express.
Hans India
15 minutes ago
- Hans India
Maha housing policy sets ambitious target of construction of 35 lakh houses
Mumbai: In a serious bid to pursue its vision of 'My House, My Right', by 2030, the Maharashtra government on Wednesday released a government resolution on the Housing Policy 2025. The government, which expects an investment of Rs 70,000 crore during the implementation of this ambitious housing policy, proposes to construct 35 lakh houses in five years. Further, the government plans to increase the size of MahaAwas Fund to Rs 20,000 crore. The ultimate target is to build 50 lakh houses in the next 10 years. To achieve this ambitious target, existing provisions under the Development Control and Promotion Regulations/Unified Development Control and Promotion Regulations and relevant institutional frameworks will be strengthened and modified as needed. Additionally, active participation from the private sector will be promoted through a range of incentive-based measures. The government proposes to carry out a comprehensive programme for slum rehabilitation and redevelopment. The specific needs of low-income earners, senior citizens, women, industrial workers and students will be given priority consideration in the policy. The district land banks of the government and semi-government lands will be created. The state-level portal will soon be developed for providing information on housing development through government-private sector partnership, through developers and also through state-run undertakings. The policy, which focuses on housing for all, also aims to achieve a slum-free state by laying emphasis on the economically weaker sections (EWS), lower income group (LIG) and middle income group (MIG) segments of the policy. The policy proposes affordable housing initiatives, redevelopment of old buildings to improve living conditions and optimise land use and transforming slums through public-private partnerships. It promotes inclusive housing by capturing resources created by the private market, integrated townships that offer affordable housing with essential services, and industrial workers' housing to ensure proximity to workplaces. Affordable housing has been given infrastructure status. This enables the developers to avail of External Commercial Borrowing (ECB), Foreign Direct Investment (FDI) for their projects. It is also a sector eligible for Priority Sector Lending (PSL) from Banks and HFCs. On the concept of Walk to Work, around 10 per cent to 30 per cent land should be reserved for housing in MIDC (Maharashtra Industrial Development Corporation) areas. Such land should be handed over to the appropriate authority at the applicable acquisition price, so that authority can create an adequate housing stock in such areas. The authority can also partner with the private industries to provide housing for industrial workers in a PPP model. The policy proposes to reserve 10 per cent to 15 per cent of the land suitable for housing projects adjacent to the ambitious infrastructure projects (adjacent to Samruddhi Highway, Delhi Mumbai Industrial Corridor). The policy focuses on green building initiatives to promote sustainable development through eco-friendly practices and certifications. To ensure inclusive development, the policy also attempts to address affordable housing for other vulnerable groups such as senior citizens, working women, students, Project Affected Persons (PAPs) and migrant workers. Senior citizen housing addresses unique safety and accessibility needs, and community support, and housing for students and working women ensures safety and affordability. Project-Affected Persons (PAP) housing provides solutions for those displaced by development projects. Affordable rental housing schemes cater to transient populations, including migrant workers and students. Affordable Rental Housing Complexes (ARHC) scheme under PMAY and rental housing projects under other state schemes will be leveraged to provide rental housing for migrant industrial workers. Amid burgeoning challenges due to climate change, the policy advocates the construction of resilient housing towards climate change mitigation and adaptation. Such housing is designed to minimise damage, reduce vulnerability and reduce the impacts of adverse weather conditions. The policy proposes a slew of incentives including single window clearance, 1 per cent GST, floor space index (FSI) up to 2.5 per cent, commercial use permitted up to 10 per cent of utilised FSI, concession in development changes, waiver of Registration and Stamp Duty charges to the operators, reduced Property Tax for first ten years of operation and 100 per cent deduction on the profit of operating student housing. In case of slum rehabilitation schemes on public land, the slum rehabilitation schemes can be implemented in a Joint Venture (JV) by setting up a Special Purpose Vehicle (SPV) and adopting the Dharavi model of 20:80. For this purpose, the initiative will require the Slum Rehabilitation Authority (SRA) to set up a special purpose company in which the SRA should hold a 20 per cent stake with voting rights. In order to promote adoption of new and innovative construction technologies and cost-effective, environment-friendly, locally available and disaster-resilient construction materials, the government has offered sops including income tax deductions on expenses on innovative construction technology, reduced GST on materials and a technology innovation grant. In order to promote construction finance, the government proposes to set up state state-level distressed asset fund, an amnesty scheme and interest-free loans. In addition, a state-level constitution fund will be set up to support affordable housing and housing projects by public authorities, public-private partnerships, as well as projects by private developers.
&w=3840&q=100)
Business Standard
15 minutes ago
- Business Standard
Appointment of IOA CEO awaits EC ratification, announcement Thursday
The long-standing bitter conflict within the Indian Olympic Association (IOA) is set to end with the majority of Executive Council members, who have been at loggerheads with president PT Usha, expected to ratify Raghuram Iyer's appointment as CEO. The warring EC members had refused to ratify Iyer's appointment made by Usha in January 2024, the bone of contention being the Rs 20 lakh per month salary for the CEO, along with other perks. A stormy Executive Council meeting in September 2024, which was virtually attended by an official of the International Olympic Committee (IOC), had failed to break the impasse. It has been learnt that a rapprochement is set to take place on the prodding of the sports ministry. "The EC members have agreed to ratify Iyer's appointment and it's likely to be announced on Thursday," a source privy to the development told PTI. The warring EC members are meeting informally on Wednesday evening. A press meet has been called on Thursday, in which Usha and most of the EC members will be present. "There will have to be at least a working relationships (between Usha and warring EC members), so a rapprochement process has started," an Executive Council member said. "We are doing it for the good of Indian sport, especially in view of the fact that we are hoping to host the 2036 Olympics." There has been no Executive Council meeting since September 2024 and no Annual General Body Meeting since March 2023. After PT Usha's election as chief, the IOA took a long time to appoint a CEO mandated under the constitution. The process began only after the IOC's repeated warnings. But when the appointment was made, 12 EC members refused to ratify Iyer for the post. Usha had said that Iyer has been working without pay as his appointment is yet to be ratified by the EC. There have been allegations and counter-allegations from both the sides and the EC members even notified a no confidence motion against Usha last year only to be dropped later. The to-and-fro from the two sides, though, reduced after India submitted a formal expression of interest for hosting the 2036 Olympics towards the end of last year. India is currently in the "continuous dialogue process" with the Future Host Commission of the IOC, despite a "pause" on the process announced last month by the world body. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
