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Land Policy - Shanmugam IAS academy in coimbatore
Land Policy

OWN LAND POLICY

What’s in news?

The Legislative Assembly of the Union Territory of Jammu and Kashmir would decide its own land policy once its elected.

Background:

  • On August 6, 2019, the Special provisions which were given to Jammu and Kashmir was abrogated. Then the state was bifurcated into 2 UTs as Jammu and Kashmir and Ladakh.
  • The residents of the new Union Territories expressed concern and demanded protection for their land, culture and tradition.
  • Article 370 and 35A placed restrictions on transfer of land.

Key data’s:

  • Because of the restrictions of transfer of land, private investment in development work was severely constrained.
  • As per data from, invest india, a government’s portal, the union territory is home to about 53 industrial estates and 32,226 small-scale industrial units with an investment of over $793 million.
  • Currently, there are totally 23 industrial units in j&k region as per the data provided by state industrial development corporation.
  • The central land act will ensure four times compensation than the land acquisition act 1935 which was enacted by its own.
  • With this recent revocation of the special status (article 370), few rights were applicable to the union territory namely “the right to fair compensation, transparency in land acquisition, rehabilitation and resettlement act, 2013”.
  • On october 12 to 14, the first investor summit was planned by the central government in srinagar. Later on the new union territory will come into being on october 31.
  • The same summit will be held in jammu after a month {i.e will be in the month of november}

Industrial Policy of 2004:

  • Purpose of the Policy: The policy was introduced to resolve the problem of high unemployment.
  • With the experience and knowledge gained in last 5 years (before 2004), the policy was framed.
  • Duration of the Policy: 1st Feb, 2004 to 31st March, 2015.
  • One of the main provisions of this policy is “the government can allot a land on a long lease of 90 years in the industrial estates and developed areas on first come, first served basis.
  • In case of large area requirements, land may be acquired in specific locations and allotted on lease.

 

Links to note:

https://www.iasipstnpsc.in/land-degradation-2/

https://www.thehindu.com/news/national/elected-govt-to-form-jk-land-laws/article29368828.ece

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