In a significant policy shift, the Punjab government has decided to scrap its controversial land pooling policy for industrial projects and is now looking to reinterpret the 2013 Land Acquisition Act to create a more balanced approach to land acquisition.
The decision comes after extensive review and stakeholder consultations, with the government acknowledging that the previous land pooling mechanism failed to address the concerns of farmers and landowners effectively.
New Interpretation of Land Act
Government sources indicate that the administration is working on a fresh interpretation of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. The revised approach aims to:
- Ensure fair compensation for landowners
- Streamline the acquisition process for industrial projects
- Maintain transparency in all land transactions
- Balance industrial growth with agricultural interests
Focus on Farmer Welfare
The Bhagwant Mann-led government has emphasized that protecting farmer interests remains a top priority. The new framework being developed will incorporate stronger safeguards for agricultural communities while facilitating the state's industrial development goals.
Industrial development cannot come at the cost of farmer welfare, a senior official stated, highlighting the government's commitment to finding a middle path that serves both economic growth and social justice.
Impact on Industrial Projects
The policy revision is expected to affect several upcoming industrial projects across Punjab. However, government authorities assure that the new interpretation will actually speed up legitimate industrial development by creating clearer guidelines and reducing legal challenges.
The move signals the state government's intention to create a more sustainable and equitable model for land acquisition that respects both economic development needs and the rights of land owners.
