Reimagining land-pooling amid ground realities
Business Standard|December 23, 2024
Madhya Pradesh's BJP government is revising its land-pooling policy, inspired by Gujarat, to boost industrial investment, benefit farmers, and address concerns over bypassing LARR's safeguards amid land-related conflicts. SANJEEB MUKHERJEE explains the issue
SANJEEB MUKHERJEE
Reimagining land-pooling amid ground realities

The Bharatiya Janata Party (BJP) government in Madhya Pradesh, which marked a year in office earlier this month, is exploring a new model of land pooling to boost industrial investment.

The primary objective of the scheme, Madhya Pradesh Chief Minister Mohan Yadav told Business Standard in an interview last week, is to ensure the process is mutually beneficial for farmers and industry. Taking a leaf out of Gujarat's policies, the state plans to tweak its existing land pooling framework, the chief minister said.

Madhya Pradesh has been working on a land pooling policy since 2019, with supporting legislation already in place.

Several other states, too, have experimented with land pooling, especially after the 2013 Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR). This law established procedures for land acquisition for public purposes.

Since its introduction, land pooling has emerged as a legal innovation to enable sustainable urban development. It has been used for projects such as Amaravati, the new capital of Andhra Pradesh, where the Telugu Desam Party government (2014-19) acquired 33,000 acres from farmers in Guntur district; the Dholera Smart City in Gujarat; and Magarpatta township in Pune city.

What is land pooling?

هذه القصة مأخوذة من طبعة December 23, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 23, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
Indian cos vie to top future tech adoption chart
Business Standard

Indian cos vie to top future tech adoption chart

Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest \"Future of Jobs\" report released on Wednesday.

time-read
2 mins  |
January 09, 2025
India's AI push gains force amid PM's power talks with tech leaders
Business Standard

India's AI push gains force amid PM's power talks with tech leaders

As India eyes global leadership role in artificial intelligence (AI) landscape, Prime Minister Narendra Modi has held a series of meetings with top tech captains over the last few days, including Microsoft CEO Satya Nadella, former Infosys CEO Vishal Sikka and Perplexity CEO Aravind Srinivas, to turn the plans into reality.

time-read
1 min  |
January 09, 2025
Govt May Mandate Airlines Share Weather Data With Met Dept
Business Standard

Govt May Mandate Airlines Share Weather Data With Met Dept

The government is planning to make it mandatory for domestic airlines to share weather data captured by aircraft during takeoff and landing with the India Meteorological Department (IMD), which senior officials say will significantly enhance forecasting capabilities.

time-read
1 min  |
January 09, 2025
A GOLD STANDARD IN NEED OF ANSWERS
Business Standard

A GOLD STANDARD IN NEED OF ANSWERS

As India's electoral system stands on the verge of a landmark, it searches for ways to tackle freebies, inducements, black money, and vitriol

time-read
5 mins  |
January 09, 2025
Business Standard

Cement firms set to see decline in profit

Pricing weakness to eat into earnings; growth demand to be in single-digit

time-read
2 mins  |
January 09, 2025
Business Standard

Markets end with minor losses as FPIs go on selling spree

India's benchmark indices ended with minor losses on Wednesday amid foreign portfolio investor (FPI) selling.

time-read
1 min  |
January 09, 2025
Sebi Okays 4 New Public Offers
Business Standard

Sebi Okays 4 New Public Offers

The Securities and Exchange Board of India (Sebi) has approved the initial public offering of four companies including Dr Agarwal's Health Care and Casagrand Premier Builder.

time-read
1 min  |
January 09, 2025
Business Standard

SC to Sebi: Review Sahara group's property proposals for development

The Supreme Court on Wednesday directed the Securities and Exchange Board of India (Sebi) to examine proposals submitted for the development of the Sahara group's property in Mumbai's Versova by two developers - Oberoi Realty Ltd and Valor Estate Ltd.

time-read
1 min  |
January 09, 2025
Sebi warns Ola Electric over disclosure norm violation
Business Standard

Sebi warns Ola Electric over disclosure norm violation

The Securities and Exchange Board of India (Sebi) has issued an administrative warning to EV maker Ola Electric Mobility over certain violations of disclosure norms.

time-read
1 min  |
January 09, 2025
Business Standard

Jefferies, Bernstein bets on RIL lift stock over 2%

Mukesh Ambani-led Reliance Industries Ltd (RIL) shares were buzzing in trade on Wednesday, as the scrip rose up to 2.4 per cent to an intraday high of ₹1,270.70 per share on the BSE in an otherwise weak market.

time-read
1 min  |
January 09, 2025