PM's course correction; relaxes govt land transfer ban

Several infrastructure projects, particularly PPP projects, were held up due to the ban

GN Bureau | August 3, 2012



A belated realisation that own clumsy policy decision was holding up the infrastructure projects for the past 16 months led prime minister Manmohan Singh to relax the government land transfer ban.

The realisation came when he probed why the infrastructure projects were not speeding up despite his orders to put them in the fast mode.

The policy has been tweaked to ensure the infrastructure projects, mostly in the PPP (public, private participation) mode are not held up by the procedural delays in transfer of the government land for such projects, the Prime Minister's Office (PMO) announced.

The ban slapped early last year stopped all transfers of the government land to any entity on lease, licence or rent unless approved by the cabinet. In an admission, the PMO said: "This was leading to long delays in awarding concessions for infrastructure projects, particularly PPP projects -- roads, railways, ports, civil aviation and metros. ...Requiring cabinet approval for each PPP project meant adding a few months to complete the processes for securing the approval."

While imposing the ban, the Department of Economic Affairs was asked to prepare a comprehensive land transfer policy for the government-owned land, but without waiting for it, the PM decided to relax the restriction on certain types of land transfer on lease, rent or licence to the concessionaires of the PPP projects that required the cabinet nod since last year.

The relaxation will also allow the land transfer from ministries to statutory authorities or Public Sector Undertakings (PSUs) and permit the Rail Land Development Authority to develop and use the railway land without seeking the cabinet's clearance.
 

Comments

 

Other News

Testing the teachers, moving the goalposts

A teacher was appointed in 1999, before the Right to Education (RTE) Act came into force, and appointed under the rules that existed at that time. She gave the necessary test, passed it, passed the interview, and was appointed. Over the next 26 years, she taught thousands of children, faced transfer orde

`Focus on infra, reforms, digital connectivity has created strong foundation for growth`

In a step towards the operationalisation of the Bharat Audyogik Vikas Yojana (BHAVYA), union minister of commerce & industry Piyush Goyal launched the BHAVYA Portal on Monday in New Delhi.   Addressing the gathering, Goyal said that the BHAVYA scheme will adopt a competit

Govt, RBI announce major reforms to attract FPI

The finance ministry on Friday announced a series of measures aimed at enhancing the ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), and to attract stable long-term foreign capital flows.   Building on the recent in

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of …    As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter