Land acquisition is difficult, says NITI aayog’s Panagariya

It takes about five years for any acquisition of land even if many hurdles are crossed

GN Bureau | August 1, 2015


#land acquisition   #niti aayog   #arvind   #panagariya   #urban   #venkaiah naidu  

Even the land acquisition bill remains hostage of the political parties, NITI aayog vice chairman Arvind Panagariya today said land acquisition is difficult in India.

“By all estimates that I have seen, it will easily take about up to 5 years for any acquisition of land to construct a city or something like that. That I am assuming that every step goes in smooth process without any challenges from NGOs, either judicial one or any kind of protest. So procedurally, it is a difficult Act,” Panagariya said at a conference in Delhi on sustainable and inclusive urbanisation.

 “If you want to build new cities, you need land and also large spaces are required for businesses to flourish and for that you need spaces within the existing cities,” he said. The horizontal space is also scarce, he said.  One way to overcome this space problem is to construct vertically but there are issues with that as well, the vice chairman of the government’s think tank said.

Panagariya said Indian cities have chosen a policy of low floor space index (FSI) and which have resulted in high rentals.

“You also need orderly urbanisation. Rapid moving transport and dense network of transport is needed so that people can reach desired place in a smooth manner. It also allows people to live in larger spaces outside the main city,” he added.

On growth prospect, he said India has the potential to hit double digit growth and this means faster transformation, faster urbanisation and greater prosperity and rapid elimination of poverty.

Comments

 

Other News

Charming tales of the Snakeman’s early years

Snakes, Drugs and Rock ’N’ Roll: My Early Years By Romulus Whitaker with Janaki Lenin HarperCollins, 400 pages, Rs 699

Gripping graphic narrative helps make sense of pandemics past

The Moral Contagion By Julia Hauser and Sarnath Banerjee HarperCollins, 140 pages, Rs 699 The world has lar

“Globally, there is unprecedented positivity for India”

Addressing the Viksit Bharat Viksit Uttar Pradesh program in Lucknow on Monday, prime minister Narendra Modi launched 14,000 projects across the state, worth more than Rs 10 lakh crore at the fourth groundbreaking ceremony of UP Global Investors Summit held in February 2023. The projects relate to sectors

World’s biggest bird-a-thon begins in India

During the four days from Feb 16, more than a thousand birdwatchers throughout India are coming together with the goal of documenting as many birds as possible across the country’s diverse locations. Over one lakh birdwatchers globally participate in the annual Great Backyard Bird Coun

Comments sought on Draft Guidelines for Prevention of Misleading Advt in Coaching Sector

The Central Consumer Protection Authority has sought public comments on the ‘Draft Guidelines for Prevention of Misleading Advertisement in Coaching Sector’. The draft guidelines are placed on the website of the Department of Consumer Affairs and are accessible through the link:

Electoral bond scheme unconstitutional: Supreme Court

In a landmark judgment, the Supreme Court of India has held the anonymous, unregulated and unlimited funding through electoral bonds and companies as unconstitutional. The five-judge Constitution Bench of the Supreme Court comprising chief justice DY Chandrachud and justices Sanjiv Khanna, B

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter