Cabinet Gives Nod to Land Pooling Policy

In the first phase, the government is targeting 27 cities and towns

- HT Correspondent

CHANDIGARH: The Punjab cabinet on Monday gave its nod to the land pooling policy in a meeting chaired by Chief Minister Bhagwant Mann.

Initially, the policy will be launched in 27 cities and towns of the state, the government said.

The policy was given clearance amidst vocal protests by farm unions and opposition parties.

According to the government, the new policy is aimed at curbing illegal colonies in the state, which, as per a survey, have crossed 14,000 in number.

Addressing a press conference, Renewable Energy Minister Aman Arora informed the media persons that the new policy involves landowners, promoters, and companies as stakeholders in the development process.

"The revised scheme has been rationalised to benefit small and marginal farmers significantly, offering more options to landowners, which will boost group housing and planned development, ultimately benefiting the common man," Arora said.

Farmers can voluntarily offer their land for development and, in return, receive a residential plot and a commercial site in lieu of one acre of land, the minister added.

As per the policy, for every one acre of land contributed to the developer, the owner will receive a 1,000-square-yard residential plot and a 200-square-yard commercial plot.