ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Odisha to roll out new land compensation policy
ECONOMY & POLICY

Odisha to roll out new land compensation policy

The Odisha government is set to introduce the Rehabilitation and Resettlement Policy, 2025, which pioneers a "land-for-land" compensation model for individuals displaced by industrial and infrastructure projects.

Revenue and Disaster Management Minister Suresh Pujari announced the initiative, emphasising its focus on safeguarding farmers' livelihoods. Instead of solely providing monetary compensation, the policy will offer land parcels to enable displaced farmers to continue their traditional agricultural practices. "Many farmers find it challenging to effectively use cash compensation. This approach ensures their expertise in agriculture is preserved," Pujari stated.

The new policy will replace the 2006 framework and offers both "land-for-land" and cash compensation options. It introduces stricter measures for private industrial projects, ensuring land is acquired only as needed to curb speculative hoarding. Government projects, however, will benefit from a more flexible approach, with inter-departmental land transfers streamlined.

Officials anticipate that the policy, once legislatively approved, will benefit thousands of farmers across the state, marking a significant shift from the existing cash-based system. (ET)

The Odisha government is set to introduce the Rehabilitation and Resettlement Policy, 2025, which pioneers a land-for-land compensation model for individuals displaced by industrial and infrastructure projects. Revenue and Disaster Management Minister Suresh Pujari announced the initiative, emphasising its focus on safeguarding farmers' livelihoods. Instead of solely providing monetary compensation, the policy will offer land parcels to enable displaced farmers to continue their traditional agricultural practices. Many farmers find it challenging to effectively use cash compensation. This approach ensures their expertise in agriculture is preserved, Pujari stated. The new policy will replace the 2006 framework and offers both land-for-land and cash compensation options. It introduces stricter measures for private industrial projects, ensuring land is acquired only as needed to curb speculative hoarding. Government projects, however, will benefit from a more flexible approach, with inter-departmental land transfers streamlined. Officials anticipate that the policy, once legislatively approved, will benefit thousands of farmers across the state, marking a significant shift from the existing cash-based system. (ET)

Next Story
Real Estate

Sterling Unveils Premium Retreat Near Lansdowne at Vanvasa Resort

Sterling Holiday Resorts has launched Sterling Vanvasa, its latest premium hideaway located near Lansdowne, Uttarakhand. Set amidst 30 acres of forested hillside, this offbeat destination is designed for travellers seeking tranquillity, nature, and a break from urban stress. It marks Sterling’s eighth resort in the state, strengthening its position in curating India’s most serene holiday escapes. Situated beyond Juee village at an altitude of over 3,200 feet, the retreat offers panoramic views of the Garhwal Himalayas, lush pine and sal forests, and the distant Ramganga river. Far fro..

Next Story
Resources

REC Wins ASSOCHAM CSR Award for Healthcare Support Initiatives

REC, a Maharatna Central Public Sector Undertaking (CPSU) and leading non-banking financial company (NBFC) under the Ministry of Power, Government of India, has received the ASSOCHAM CSR and Sustainability Award 2024 for ‘Excellence in Providing Support to Healthcareâ€�. The award was presented during the 6th ASSOCHAM CSR and Sustainability Conference and Awards held in Hyderabad. Shri Anjan Lahiri, Senior General Manager and Head of Department (REC Foundation), received the honour on behalf of REC from the Hon’ble Deputy Chief Minister of Telangana, Shri Mallu Bhatti Vikramarka. ..

Next Story
Infrastructure Urban

Essensai067 to Launch Sustainable Adventure Park for Children in July

Essensai067, the sustainable, community-first retail enclave in Whitefield, is set to open a state-of-the-art Adventure Park for children under 12 this July. Designed to foster physical activity, imagination, and social connection, the park aligns with Essensai067’s philosophy of creating meaningful, inclusive spaces. Spread across 5.16 acres of heritage land, Essensai067 integrates food, fashion, art, and music with wellness and community engagement. The Adventure Park reinforces this vision by offering a nature-inspired play environment, aimed at reducing children’s screen time and ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement