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Haryana CII welcomes land pooling scheme

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BS Reporter New Delhi/ Chandigarh
Last Updated : Jul 27 2012 | 12:50 AM IST

The Confederation of Indian Industry (CII) has welcomed the Haryana government’s move to streamline land acquisition issues in the state by introducing a new land pooling scheme (LPS).

Anmol Jain, chairman, CII Haryana State Council, said the scheme would not only benefit the farmers of the state, stakeholders in the projects undertaken by the government, but, would also help reduce the feeling of insecurity and discontent regarding the sharing of profit. The land pooling scheme has been also termed crucial by industrialists for sustaining the momentum of growth in the state.

They say adopting a coordinated approach to the development of all sectors of economy through quality infrastructure and addressing issues of infrastructure gaps, creation of sufficient land bank by the developing agencies to meet future requirements of entrepreneurs and addressing the concerns of the land owners whose land is acquired, by way of rehabilitation and resettlement initiatives would act as catalysts in the development process.

Haryana Chief Minister Bhupinder Singh Hooda last week had announced a new “land pooling scheme”, to make the landowner-farmers partners in the process of planned development of residential and industrial infrastructure. The scheme provides an option to the landowner-farmers to get ‘developed land’ in return for their acquired land.

Neeraj Munjal, vice-chairman, CII, Haryana State Council, said hassle-free availability of sufficient land-bank is a pre-requisite to the development of industrial infrastructure and pooling of large mass of land by the private sector through private purchase is a difficult proposition.

“This move taken by the government would safeguard the interests of land owners as well as the developers, ensuring sufficient land availability for the developmental projects,” said Munjal.

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First Published: Jul 27 2012 | 12:50 AM IST

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