The scheme was announced soon after a major protest against land acquisition for industrial development in Rewari. Those owning over half acre of land, which government intends to acquire for industrial development , can opt for this scheme. They would have the option of getting a developed industrial plot or can take the government rate of a similar industrial plot. The amount would be paid as soon as the industry department floats tenders for plot allotment. The landowners opting for developed plot will also have the right to sell them.
The industries and commerce department notified this scheme on August 14. According to norms, the land owners would have to opt for this soon after government issues notification under section-4 (intention to acquire land) of Land Acquisition Act. They would have the choice to opt for a 1,200 sq yard developed land for each one acre of land proposed to be acquired. This would cover all compensation package and other benefits. Those losing half acre would get a 600 sq yard plot. The scheme will be applicable where land acquisition process has started.
The policy says in case the plot sizes are less than the entitlement than the government will pay compensation and other benefits for the differential land.
“More landowners in and around NCR would opt for this as they would have the freedom to rent out, sell or start an industry on a developed plot. In hinterland, we feel people will go for compensation and other benefits,” an industry department official said.
The landowners can also request for advance part payment of the developed land price at the time of awarding.