Latest news with #NALAAct
Hans India
6 days ago
- Business
- Hans India
AP cabinet to meet today, to discuss key policies and developments
The Andhra Pradesh Cabinet will convene today, August 6, at 11 am at the Secretariat to deliberate on several significant initiatives. Primary on the agenda is the approval of free travel for women on RTC buses, with an official announcement anticipated regarding the scheme's name. Further discussions will focus on proposed amendments to the NALA Act, aiming to allow the use of agricultural land for non-commercial purposes. The Cabinet is also expected to evaluate the Land Regularisation Scheme (LRS) during the meeting. In addition, the Cabinet will address the state's new bar policy, including a potential fee increase, which is set to take effect next month. The meeting will also explore the Chief Minister and his team's forthcoming tour of Singapore, with decisions regarding investments in the state on the horizon. Following the Cabinet meeting, Chief Minister Chandrababu Naidu will engage with ministers to discuss recent developments, including ongoing investigations into cash leakage related to the liquor scam and the arrests connected to it. The Cabinet will also approve the issuance of new ration cards and review a sub-committee report concerning irregularities in freehold land allocations. Discussions will include the allocation of land to various institutions within the capital city of Amaravati.
New Indian Express
6 days ago
- Business
- New Indian Express
Andhra Pradesh cabinet to take up draft bill to repeal NALA Act
VIJAYAWADA: The State Cabinet, in its meeting scheduled for Wednesday, will take up a draft bill to repeal the Non-Agricultural Lands Assessment (NALA) Act, which allows the conversion of agricultural land for non-agricultural purposes, according to Minister for Revenue Anagani Satya Prasad. The announcement was made following a Cabinet Sub-Committee meeting on revenue issues on Tuesday. The meeting was attended by Finance Minister Payyavula Keshav, Municipal Administration Minister P Narayana, Endowments Minister Anam Ramanarayana Reddy, and Minority Welfare Minister NMD Farooq. Anagani recalled that Chief Minister N Chandrababu Naidu had previously announced the repeal of the NALA Act during the third Collectors' Conference. He emphasised that the draft bill was meticulously prepared under the Chief Minister's directives and will be presented for Cabinet approval. The repeal aims to address concerns surrounding misuse of agricultural land conversions.
Hans India
24-07-2025
- Business
- Hans India
AP cabinet meet today
Vijayawada: AP cabinet meeting meeting led by Chief minister Chandrababu Naidu is scheduled to be held at Secretariat at 11 a.m today. The cabinet meeting gained importance as Chief Minister Chandrababu is focusing more on attracting investments to state and as part of it the Chief Minister's delegation leaving for Singapore on July 26. The cabinet is likely to approve the investment proposals made in State Investment Promotion Board meeting. The CM also likely to brief the Ministers over his proposed Singapore tour to attract investments. In addition the cabinet likely to discuss on NALA Act. The cabinet also discuss on ongoing works in Amaravati capital and second phase of Amaravati Land pooling.
The Hindu
26-06-2025
- Business
- The Hindu
Builders hail building regulations, seek amendments to NALA Act
Small-scale builders and owners of LIG category residential buildings will benefit the most from the key amendments in the Andhra Pradesh Building Rules, 2017 approved by the State Cabinet, sources in the Confederation of Real Estate Developers Association of India (CREDAI) said. This means that builders of structures up to G+4 categories or flats under 300-400 sq m will have ample options and relief from some restrictions, thereby helping them join the real estate and urban development sector in cities like Visakhapatnam. However, builders have expressed dissatisfaction over the lack of clarity on the Non-Agricultural Land Assessment (NALA) Act. As per the statements made by Chief Minister N. Chandrababu Naidu on several occasions, including the third District Collectors' meeting held in March, the NALA Act is expected to be repealed, citing it as a major impediment to urban and real estate development. 'We have come to know that the government is discussing the implementation of 4% charges for land conversion (agriculture to commercial) under the NALA Act, instead of 5% charged by the previous government. We want the Act abolished. We have urged the government to amend the law on land conversion in terms of acres instead of square yards in urban areas. This will be beneficial to urban developers. We are not worried about 4% or 5% charges for conversion,' said a senior builder on the condition of anonymity on Wednesday. In Visakhapatnam, the real estate sector has an annual turnover of around ₹700 to ₹800 crore. It is expected to touch ₹1,000 crore mark annually. This will be possible if the government accelerates projects like operation of software companies, employment generation and flow of financial transactions. The GVMC and VMRDA should complete the master plan roads and projects as soon as possible, they said. 'We discussed the need for basic completion of roads with the GVMC Commissioner. We are expecting a boost in the real estate sector as the market has been sluggish for the last 18 months. Approximately 10,000 residential units still remain vacant due to no sale. Now, the market is gaining some momentum,' said CREDAI city president E. Ashok Kumar.
Time of India
12-06-2025
- Business
- Time of India
Andhra Pradesh moves to repeal NALA Act, plans seamless land conversion
VIJAYAWADA : State govt directed the officials to ready the guidelines for repealing the Andhra Pradesh Agricultural Land (Conversion for Non-Agricultural Purposes) Act, 2006. The Nala Act governs the conversion of agricultural land to non-agricultural use. The cabinet sub-committee comprising finance minister P Keshav, municipal administration minister Dr P Narayana, revenue minister Anagani Satyaprasad held detailed discussions with the officials on the issue on Wednesday. Chief minister Chandrababu Naidu had announced repealing of the NALA Act during the third district collectors' conference in March. The decision to repeal the Act has been taken the grievances of real-estate developers and commoners into consideration. The cabinet sub-committee reviewed the progress on the issue and directed the officials to immediately prepare proposals to simplify land conversion by allowing automatic conversion upon payment of taxes, eliminating the need to visit multiple offices. Speaking to media, the finance minister said they have asked the officials to prepare proposals detailing how land conversion can be simplified for those setting up ventures in municipalities or establishing industries, ensuring minimal bureaucratic hassle. "We will discuss these proposals in the next meeting, and take a final call on the issue," said Keshav. Minister Narayana explained that the decision to repeal the Act was taken to alleviate public inconvenience. He said that several organisations had raised objections to the high NALA tax rates. He said that they have asked the officials to propose how much the tax can be reduced on the existing rates.
