The Haryana government on Friday announced a revamped Land Pooling Scheme,which gives farmers,whose land is to be acquired,an option to become partners in the process of planned development of residential and industrial infrastructure.
Once put in place,the scheme will provide an option to the landowning farmers to get developed land in return for their acquired land, Chief Minister Bhupinder Singh Hooda said.
A decision to this effect was taken in a cabinet meeting,chaired by Hooda,in Chandigarh today.
Announcing the details,Hooda said that the Land Pooling Scheme paves the way for a land owner to get a 1,000 square yard residential plot and one commercial plot of 100 sq yards for each one acre of land acquired by the government for development of residential sectors by Haryana Urban Development Authority.
In the case of Industries Department,where infrastructure is developed by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC),the land owner will have the option to get developed land measuring 1200 sq yards for each one acre of land acquired.
The scheme is purely at the option of the the person whose land is being acquired, the CM said,adding that if a land-owner does not exercise this option in writing ,he would be entitled to the compensation as announced by the Land Acquisition Collector and the benefits admissible under the Rehabilitation & Resettlement Policy of the state government.
A land-owner will be eligible to participate in the Land Pooling Scheme only if a minimum of 1,000 sq yards or more land is acquired for development of residential schemes by HUDA,and if a minimum of half an acre or more is acquired in the case of development of industrial infrastructure by HSIIDC.
The developed plot awarded to the land-owner will be in proportion to the land acquired. Those opting for the scheme will be required to communicate his option in writing to the Land Acquisition Collector within a period of four months of the issue of Section 4 notification, Hooda added.
The land-owner would be free to use the developed land for his own use or sell the same in the open market subject to conditions.
Haryana Financial Commissioner (Industries and Commerce),YS Malik,added that the land-owners opting for the scheme,can also seek a part of the compensation amount at the time of announcement of the award and adjust the balance when plots are floated.
The advance shall be no more than the amount applicable as the minimum floor rate for the area, Malik said.