Targeted reforms can transform land acquisition process
Hindustan Times Punjab|December 20, 2024
Land acquisition, a cornerstone of economic development, remains a contentious and inadequately addressed issue in Punjab. Despite its critical role in enabling infrastructure, housing, and industrial projects, the governance aspects and economic implications of land acquisition have often been overlooked.
Dr Deepratan Singh Anmol R Singh

and acquisition, a cornerstone of economic development, remains a contentious and inadequately addressed issue in Punjab. Despite its critical role in enabling infrastructure, housing, and industrial projects, the governance aspects and economic implications of land acquisition have often been overlooked. This neglect has resulted in significant policy gaps, exacerbating challenges and conflicts. Addressing these issues requires a nuanced understanding of institutional roles, market dynamics, and socio-economic impacts to ensure equitable and sustainable development.

The recent Nobel Prize in Economic Sciences awarded to Daron Acemoglu, Simon Johnson, and James A. Robinson serves as a timely reminder of the pivotal role institutions play in shaping the trajectory of development. Their insights into how inclusive or extractive frameworks impact societies are strikingly relevant to Punjab's ongoing struggles with land acquisition. As citizens, we often hear about infrastructure projects delayed or derailed by disputes, but the deeper institutional failures driving these issues rarely enter public discourse. (source: Acemoglu, Daron, and Simon Johnson. "Unbundling Institutions". Journal of Political Economy 113, no. 5 (October 2005): 949-995)

Current process benefits a select few

In Punjab, the land acquisition process often skews toward extractive practices, benefiting a select few at the expense of broader community welfare. Fragmented landholdings, political interference, and outdated land records exacerbate this imbalance, leaving landowners, particularly those in rural areas, vulnerable to exploitation. Instead of fostering shared prosperity, the process frequently becomes mired in inefficiencies, inequities, and conflicts.

Denne historien er fra December 20, 2024-utgaven av Hindustan Times Punjab.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 20, 2024-utgaven av Hindustan Times Punjab.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA HINDUSTAN TIMES PUNJABSe alt
Hindustan Times Punjab

Legend, institution, icon: Industry remembers Shyam Benegal

Filmmaker Shyam Benegal, considered the pioneer of Indian parallel cinema, died at the age of 90 on Monday, leaving behind a legacy that remains unparalleled.

time-read
1 min  |
December 25, 2024
Hindustan Times Punjab

'OTT has offered me the genres I wasn't getting previously'

This festive season, actor Tahir Raj Bhasin has more reasons to celebrate — his OTT series Yeh Kaali Kaali Ankhein (YKKA) Season 2 has been well-received, and the show is all set for a third outing.

time-read
1 min  |
December 25, 2024
Hindustan Times Punjab

India face Bangladesh in their CT opener, Pakistan on Feb 23

India will play Bangladesh on February 20 in their opening Group A game of the ICC Champions Trophy, to be played in Dubai as part of the hybrid model agreed for the tournament.

time-read
1 min  |
December 25, 2024
Hindustan Times Punjab

Konstas to debut; Head, Rohit ready to go

Much of the intrigue on Tuesday centred around the fitness of two key figures on either side—Australia's Travid Head and India's Rohit Sharma.

time-read
2 mins  |
December 25, 2024
Hindustan Times Punjab

INDIA GEAR UP FOR WOMEN'S T20 U-19 WORLD CUP TITLE DEFENCE

The India women's cricket team has so far been unsuccessful in winning a World Cup, not even after the big boost of coming under the BCCI fold in 2006.

time-read
1 min  |
December 25, 2024
Hindustan Times Punjab

Harleen Deol, Pratika Rawal shine as India women clinch ODI series

It was a thoroughly dominant all-round performance from India yet again in this series as they defeated West Indies by 115 runs in the second women's ODI and took a 2-0 lead in the three-match series at the Kotambi Stadium, Vadodara on Tuesday.

time-read
1 min  |
December 25, 2024
Hindustan Times Punjab

Khel Ratna row: Lapse on my part, says Manu

Seeking to end all \"speculations\" after her name was not considered for the Khel Ratna Award, Paris Olympics double medallist shooter Manu Bhaker on Tuesday admitted to a possible lapse in her application for the country's top sports award.

time-read
2 mins  |
December 25, 2024
Hindustan Times Punjab

US sanctions on 4 Pak firms have 'no justification': PM

Prime Minister Shehbaz Sharif on Tuesday defended Pakistan's nuclear and missile programme, saying the recent US sanctions against the country's four entities have \"no justification\".

time-read
1 min  |
December 25, 2024
Hindustan Times Punjab

Russian firm denies corruption in Bangladesh nuclear plant project

Russia's state-run nuclear agency on Tuesday refuted allegations of corruption and embezzlement leveled against it by an anti-graft panel in Bangladesh looking into an atomic power plant it is building in the South Asian country.

time-read
1 min  |
December 25, 2024
Hindustan Times Punjab

Killed Haniyeh in Tehran, Israel says for 1st time

Defence Minister Israel Katz on Monday acknowledged that Israel had killed former Hamas chief Ismail Haniyeh in Tehran earlier this year, as he warned the military would \"decapitate\" the leadership of Yemen's Houthi rebels.

time-read
1 min  |
December 25, 2024