Indian “land bank” aims to protect farmers from forced acquisitions

By | February 4, 2017

A northern Indian state is setting up a “land bank” to allow farmers to voluntarily sell property in an effort to tackle forced acquisitions for industrial projects that often lead to violent confrontations.

The Haryana government on Thursday said it would create a land bank to buy land from willing farmers. Owners may apply to sell voluntarily on an online portal, and the state will then buy the land at an agreed rate if it matches their criteria.

“Under this concept, there will be no forcible land acquisition. This will be a win-win situation for the government, as well as the sellers,” Chief Minister Manohar Lal told reporters, without giving any other details.

Source: DNA