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The demand for land reforms lately reached fever pitch in October 2012, when the Ministry of Rural Development MoRD entered into a ten-point agreement on land reforms with members of Jan Satyagraha, a non-violent march organized by Ekta Parishad. MoRD had inter-alia agreed to initiate a dialogue with States for establishing Rapidly Track Land Tribunals and Courts and introduction of a National Land Reforms Policy. Gift City Most recent Update once once more brought to light the compelling economic and political arguments for enacting land reforms mostly to tackle the scarcity and unequal distribution of land on one hand and increasing demand of housing and industrial improvement on the other. Because land types the basis of financial activity, land serves as an vital asset for a country to accomplish financial development and social equity. Throughout the final couple of decades, a variety of land reforms have been enacted and quite a few proposed amendments to existing laws, new legislations and policies are in the pipeline. Land reforms are closely linked to agricultural productivity, industrial development, infrastructure development, employment opportunities, housing, foreign investment, to name a handful of.
There are some policies and reforms which when enacted and implemented, will bring wide-sweeping changes. Land Acquisition of land is the initial and foremost hurdle in the improvement of any industrial, actual-estate and or infrastructural project. The NOIDA-Greater NOIDA dispute brought to light the flawed acquisition procedure and the urgent need to address concerns of land owners and developers a as. Gift City News Land Acquisition, Rehabilitation and Resettlement Bill, 2011 seeks to address these issues and replace the outdated Land Acquisition Act, 1894. The Bill gives a smoother acquisition procedure coupled with rehabilitation and resettlement R&ampR scheme, Social Effect Assessment, equitable compensation and annuity to displaced persons. Important proposals consist of the requirement of prior consent of 80% of persons affected for certain projects and employment possibilities in such projects for members of displaced families. Further, the Land Acquisition and Rehabilitation and Resettlement Authority is proposed to be established for settling disputes relating to acquisition, compensation, and R&ampR. The market has expressed its concerns that the strategy of calculation of compensation may hamper the acquisition of land at competitive prices, additional pushing up land rates. Also, the requirement of getting prior consent of persons affected and conducting Social Effect Assessment, although imperative and laudable, might make the acquisition process far more elaborate and time-consuming, as a result affecting large-scale projects and industries dependent on speedy availability of land.
Land Pooling because the land acquisition, improvement and disposal policies framed previously have failed to address the issues involved in the land acquisition approach planned development is struggling to keep pace with the escalating demands of urbanization. The process of acquisition and quantum of compensation is increasingly being challenged by land owners. Maintaining this in mind, a variety of States including Delhi, Haryana and Punjab are coming up with innovative land pooling schemes and models. For instance, the land pooling policy proposed by Delhi Improvement Authority for Delhi is based on the concept wherein the land parcels owned by people or group of owners would be legally consolidated by transfer of ownership rights to the designated land pooling agency which would later transfer the ownership of the element of land back to the land owners for undertaking development of such places, therefore providing land owners an selection to turn out to be partners in the improvement procedure.