Land banks may be the lifeline–Gates Foundation, World Bank & ADB To Collaborate On Project

Land banks may be the lifeline
Gates Foundation, World Bank & ADB To Collaborate On Project
Rajat Guha, Gunjan Pradhan Sinha NEW DELHI

THE government is planning to create a database of 22 lakh sq km of land spread across various states which can be used for industrial development in a bid to avoid a Singur-like situation. The land bank has already been identified and the survey work on the project has been initiated.

Work on this project is expected to be done in collaboration with the Bill Gates Foundation, the World Bank and the Asian Development Bank (ADB).

The process of registering land titles would also be speeded up so that transfer of titles can be done fast, as the government plans to do away with the system of stamp paper.

The government will also provide conclusive land titles to more than 1,000 million rural people. And, these titles will be guaranteed by the state government to avoid any ownership dispute in future. At present, there is no clarity on land titles in rural areas which leads to disputes and litigations over ownership.

“We are working on a very important project for integrating around 4,000 land registrar offices across the country. This will eliminate problems arising due of lack of coordination among area tehsildars while allotting land. Fertile land will not be given for development if there is a semi arid or a single crop land or infertile land available in the vicinity.

FIELD DAY

22lakh sq km

DEVELOPABLE LAND SPREAD ACROSS STATES

Rs5,656cr

IS WHAT GOVT WILL SPEND ON THE PROJECT

741million

PEOPLE TO GET LAND TITLES Govt to make changes in Land Registration Act

“WHEN a land is purchased, a built-in compensation will be charged from the purchaser, which will eliminate the need of stamp paper and save time,” Department of Land Resources secretary (ministry of rural development) Rita Sinha told ET.

To effect such changes the government will make significant amendments in the Land Registration Act and the Transfer of Property Act.

The Registration Act of 1908 makes registration of land deeds compulsory but not mutation of titles. Therefore, lack of state guarantee of title leads to unclear tiles inviting land disputes. A large chunk of developable land is locked up in litigation across the country.

Government officials claim that a large part of the controversy around Tata’s Nano project could be averted if alternative barren stretches of land around Singur could be given for industrial development. According to the plan, the Centre, states and private players would take up land survey, which itself is a very time consuming and long-drawn process.

Eventually, maps will be developed for each state, stating soil codes, which will be updated regularly.

Advertisements

Leave a comment

Filed under Bhoomi

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s