Haryana government further liberalises land acquisition policy
04 Nov 2010
Haryana's land acquisition policy, touted to be the best in the country when it comes to the protection of farmers' rights has just got better, thanks to a pre-Diwali bonanza to the farmers in the state.
The Haryana government yesterday decided to double, and even raise higher, the minimum floor rate (MFR) payable for acquisition of land.
In a unique feature that goes with the policy, farmers will get a 'no litigation incentive' guaranteeing them a 20 per cent higher price than the MFR if they undertake that they would not go in for litigation.
The state government has also announced a hike in the annuity amount payable over 33 years as also its incremental annual hike.
Chief minister, Bhupinder Singh Hooda said yesterday that owners, whose land is acquired, would get plots of bigger-size plots in case of acquisition of residential property.
Hooda told reporters that the affected farmers would also be offered government jobs and industrial and commercial plots.
