State News And Discussion - 3

[Capt M Kumar]

The land acquisition and rehabilitation policy formulated by Haryana is not there anywhere else in the world. Under this, when we acquire some land for development purposes, we give full compensation and annuity for 33 years, which means we have a fixed floor rate throughout the state, depending on proximity, etc. Rs 1,000 per acre per year is paid as annuity for 33 years and every year Rs 500 is added to it. In case the acquisition is for an SEZ, then annuity is Rs 30,000 per year for 33 years with an increase of Rs 1,000 annually. Suppose HSIIDC or HUDA acquires land, we re-habilitate the farmers. The policy takes care that the acquisition should benefit at least one generation ahead. http://www.indianexpress.com/news/khap-p...o/633101/6