Today’s Business Line
carries following news :
The Maharashtra government on
Wednesday decided that land acquired for public and private purposes in rural
areas will get four
times the market rate.
Suitable changes will be made in the
Maharashtra Land Acquisition Act, 2013, it was decided at a Cabinet meeting.
Merger of Acts
According to a
press statement issued by the Chief Minister’s Office, Maharashtra State
Highways Act, Maharashtra Industrial Development Corporation Act, Maharashtra
Regional Town Planning Act and Maharashtra Housing and Area Development
Authority Act will be incorporated in the Maharashtra Land Acquisition Act so
that land acquired under these Acts will get the same compensation.
This ( compensation at 4 times the market rate ) was a “ Necessary “ condition
But , it is not a “ Sufficient
“ condition !
The sufficient conditions
are here :
Tuesday, 16 January 2018
Land Acquisition ? Conditions
Apply
DNA ( 16 Jan ) carries following news :
http://www.dnaindia.com/mumbai/report-dna-exclusive-konkan-refinery-project-it-s-bjp-vs-rest-2575718
“ Refinery Project : It’s BJP vs Sena “
HIGHLIGHTS :
· Rs 3 lakh*crore Refinery Project in
Ratnagiri district
· Maha Govt has issued notice for
acquiring 15,000 acres in Ratnagiri / 1000 acres in Sindhudurg
· Locals opposed to land acquisition
· Along with locals, BJP demanding :
# Rs 1 crore / hectare ( Rs 22 lakh / hectare
given
in Jaitapur project )
# Give 5 % shares to locals
# 80 % jobs to locals
For a quick / peaceful / equitable solution , I urge all
concerned to consider conditions laid down in my following blog / email :
===============================
Tuesday, 5 May 2015
Email sent on 23 March 2015
-----------------------------------------------------------
Dear Nitinji,
-----------------------------------------------------------
Dear Nitinji,
Farmers are opposing this bill for the following reasons :
· Low / Inadequate compensation
· Once land is sold , not being able to
benefit from
the appreciation of land value ,
comes up
· Private parties bought their land at
low price and
then sold it ( mostly to private
whooping profit
I think there is a simple solution to the concerns expressed by
the farmers . Please consider the following :
· Each project will be tied to a
specific SPV , created for that purpose only
· In the first instance , affected
farmers will create a " Cooperative Society "
· Co-operative Society will issue
shares to each land-donor farmer , in proportion to the QUANTITY / VALUE of the
land donated by him
· In turn , Co-operative Society will
receive shares in the SPV , equal to the value of the land + a cash
compensation equal to 4 times the value of the land
· Farmer's shares of Cooperative
Society cannot be sold in open market before 5
· Shares of Cooperative Society
in the SPV itself cannot be sold for next 10 years
· The " Cash-Value Compensation
" received by the Co-operative Society ( ie 4 times the land value ), will be deployed as follows :
# to be immediately paid in cash to the
farmers............ 2 times
# to be deposited in the Jan-Dhan
Account of each
farmer as FIXED DEPOSIT
( with 10 @
interest ).............2 times
-----------------------------------------------------------
Dear Gadkariji ,
My proposal will ensure :
Ø Immediate attractive compensation to farmers
Ø Recurring income from FD in Jan Dhan account ( for a sustained
livelihood )
Ø Continued sense of " Ownership " in the SPV / Project
, which will facilitate QUICK implementation without resistance
Ø Willing farmers themselves canvassing / convincing "
Reluctant " farmers
Ø No fear of private parties benefiting by appreciation of land
value
Ø A sense of " Enlarged Participation " thru
Co-operative Society representing them on the Board of Directors of SPV
Ø Board Representation enabling farmers to ensure that honest
decisions are being taken
PLEASE , GIVE THIS SUGGESTION
A CONSIDERATION
18 Jan 2018
www.hemenparekh.in
/ blogs
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