Is rural India angry with Modi?

[Guynextdoor2]

You need to check that buddy...there is a concept called circular rate...I wanted to buy a flat and was dumbfounded when i got to know that circular rate was more than BSP rate of developer.....Actually this move has been done to curb black money...people used to register property at a much lower rate to reduce stamp duty, however now stamp duty is not calculated(atleast what i have got from my transaction) on what price you buy...that's another thing that this move has failed in curbing black money in real estate

I can assure you these are just anecdotal stuff. The system in most of India does not reflect any such thing. Plus, during land acquisition the rates sky rockets ( I had given example of farmers suddenly gorwing rich overnight because their lands become tens of times more valuable than before).
primarily reflect.

if the objective is to buy land at true market rates, there is no need for 'special category'

In any case the above is the critical contention and if I know corporates I can assure you they'll hanky panky. Until this contention is solved and until there is a system that guarantees that landowners get the true value of their land this bill will be disputed. And it is a valid criticism. Let the government provide a solution instead of trying to push it as is.

 

[deckingraj]

I can assure you these are just anecdotal stuff. The system in most of India does not reflect any such thing. Plus, during land acquisition the rates sky rockets ( I had given example of farmers suddenly gorwing rich overnight because their lands become tens of times more valuable than before).
primarily reflect.

if the objective is to buy land at true market rates, there is no need for 'special category'

In any case the above is the critical contention and if I know corporates I can assure you they'll hanky panky. Until this contention is solved and until there is a system that guarantees that landowners get the true value of their land this bill will be disputed. And it is a valid criticism. Let the government provide a solution instead of trying to push it as is.

You need to help me here...Please tell me what is your criticism.....because i am sure even you would agree that Land is required for development, so whatever bill that comes up has to be rational in that sense as well...and yes it is paramount as well that owners of the land should be duly paid...question is if they are(let's assume) and yet not willing to let go the land for some project which is important than what??

 

[Guynextdoor2]

You need to help me here...Please tell me what is your criticism.....because i am sure even you would agree that Land is required for development, so whatever bill that comes up has to be rational in that sense as well...and yes it is paramount as well that owners of the land should be duly paid...question is if they are(let's assume) and yet not willing to let go the land for some project which is important than what??

I have explained it in detail above. There is a 'special category' of land acquisition which will be used for 'Industrial Corridoors'. In these they can acquire land without majority consent and paying an arbitrary multiple of government referred land value. The bill does not guarantee 'best market rates' for the owners and is essentially a take over of the land by executive fiat on a multiple decided by the government and corporations. Remember- this is not land for roads or infrastructure we're talking about where in the interests of public good a 'reasonable' compensation is all that needs to be considered. Private guys need not be given land in what is effectively subsidized rates with no consultation at all.

 

[deckingraj]

I have explained it in detail above. There is a 'special category' of land acquisition which will be used for 'Industrial Corridoors'. In these they can acquire land without majority consent and paying an arbitrary multiple of government referred land value. The bill does not guarantee 'best market rates' for the owners and is essentially a take over of the land by executive fiat on a multiple decided by the government and corporations. Remember- this is not land for roads or infrastructure we're talking about where in the interests of public good a 'reasonable' compensation is all that needs to be considered. Private guys need not be given land in what is effectively subsidized rates with no consultation at all.

Correct me if i am wrong however the only place where consent is not required is
a) 100% Govt projects
b) Majority stake holder being Govt in PP model...
So pure private projects are still under the scrutiny. Please correct/validate my understanding here...

 

[Guynextdoor2]

Correct me if i am wrong however the only place where consent is not required is
a) 100% Govt projects
b) Majority stake holder being Govt in PP model...
So pure private projects are still under the scrutiny. Please correct/validate my understanding here...

No there's something called 'Industrial Corridor' specifically mentioned in 'SPecial Category'. That makes you think it's a government initiative but actually refers to large integrated projects with heavy Private presence. My favorite example is DMIC. It's several hundred KMs long. Sure they'll have freight corridoors, large govt. power plants, highways and ports, but that's the basic infra. HUGE private plants on an unprecedented scale are being built there. Idea is that plants manufacture and infra powers/ transports seamlessly. But to build these private players have to acquire land from the residents and dilution of consent as well as what is effectively govt. decided compensation comes into play. Obviously that doesn't ring well with the people.

 

[deckingraj]

No there's something called 'Industrial Corridor' specifically mentioned in 'SPecial Category'. That makes you think it's a government initiative but actually refers to large integrated projects with heavy Private presence. My favorite example is DMIC. It's several hundred KMs long. Sure they'll have freight corridoors, large govt. power plants, highways and ports, but that's the basic infra. HUGE private plants on an unprecedented scale are being built there. Idea is that plants manufacture and infra powers/ transports seamlessly. But to build these private players have to acquire land from the residents and dilution of consent as well as what is effectively govt. decided compensation comes into play. Obviously that doesn't ring well with the people.

I must say i am not sure about this Industrial Corridor point in Special Category...however the example that you gave above, don't you think it becomes imperative that private companies should be able to set up manufacturing plants there?? because this idea that infra powers/transports seamlessly makes sense....I think it all boils down to ensure farmers get proper compensation...and i believe consent of Panchayat was definitely on the cards...not sure if implemented or not...

 

[dray]

You need to check that buddy...there is a concept called circle rate...I wanted to buy a flat and was dumbfounded when i got to know that circle rate was more than BSP rate of developer.....Actually this move has been done to curb black money...people used to register property at a much lower rate to reduce stamp duty, however now stamp duty is not calculated(atleast what i have got from my transaction) on what price you buy...that's another thing that this move has failed in curbing black money in real estate


Here's a link...
Understanding the role of circle rates - Livemint

In short the onus is actually on states. They are farmer friendly then they need to make sure circle rates are relevant...no??

You are talking to a wall, @Guynextdoor2 will keep his head burried under a banana tree and refuse to see the reality.

 

[Guynextdoor2]

You are talking to a wall, @Guynextdoor2 will keep his head burried under a banana tree and refuse to see the reality.

That applies more to you. You just jumped in here with the idea that you will defend it before even reading it and then began retrofitting explanations to it. You're like the ostrich that has its head buried in the sand.

 

[dray]

The stupidity of this bill cannot be linked to anything the congress did. Again you're just pulling stuff out of hot air. 'West Bengal government keeps good khata records so land deal should be passed'. No state in the country has records that give an accurate picture of the actual rates and in most records are updated only once every few years. And when land is in demand the losses for the farmers are even higher. Your rants are ignorant. Yeah, my a$$ the Bengal govt keeps records that give 'true picture' of real estate at any given point of time. The argument is simple- if the land is in demand, then industry pay in cash or in other ways to match the demand. Using these kinds of loopholes to get large tracts of land on the cheap is not done.

Here you have a guy from another state saying the same thing, that circle rates are actually higher than market rates, and farmers will get 4 times of that rate. But that will not help your corrupt Congress politicians and land mafias to make loads of money by depriving the farmers, hence the protest.

That applies more to you. You just jumped in here with the idea that you will defend it before even reading it and then began retrofitting explanations to it. You're like the ostrich that has its head buried in the sand.

I have said what I had to say in the first page itself, but your brain failed to process it, hence the thread continued.

 

[Guynextdoor2]

Here you have a guy from another state saying the same thing, that circle rates are actually higher than market rates, and farmers will get 4 times of that rate. But that will not help your corrupt Congress politicians and land mafias to make loads of money by depriving the farmers, hence the protest.

What world are you living in man. 'I paid my flat rates higher than actual rates' and 'in another state there is circle state' so land bill is good to go. At the best this is anecdotal. Go to UP, Bihar, rural areas of any state and tell me where is an efficient system? What do you think this is? SOme cityboy thing? Most states administration disappears as soon as move out of the cities anyways. You're talking like you're in some VACCUM. Most states don't revise their benchmarks in several years
farmers will get 4 times rate- and how did you come to the conclusion that that is enough? There are several SEZs where land rates went up tens of times. Should they give that up because you think '4 times' is enough. Stop defending this silly clause. There is no reason why they should not consider the farmer/ owner's demands. If they want the land, let them pay for it.

Here you have a guy from another state saying the same thing, that circle rates are actually higher than market rates, and farmers will get 4 times of that rate. But that will not help your corrupt Congress politicians and land mafias to make loads of money by depriving the farmers, hence the protest.



I have said what I had to say in the first page itself, but your brain failed to process it, hence the thread continued.

What say has had limited intelligent utility till now.

 

[Parul]

You are talking to a wall, @Guynextdoor2 will keep his head burried under a banana tree and refuse to see the reality.

Thread title shouldbe: Is OP angry with Modi? #shoo

On topic, Modi Ji aap agay bhadiye hum apke saath hai.

 

[Sky lord]

So most of this problem is because we don't have a modern real estate transaction system ? Is anything being done to fix that? I would assume that is the huge stumbling block going forward .

Shut up heathen sanghi!!!

You devil worshipers are condemned to live in eternal poverty. And you dare not talk upto Brother Brian aka Reverend Nair else god rain hellfire on you.

 

[dray]

What world are you living in man. 'I paid my flat rates higher than actual rates' and 'in another state there is circle state' so land bill is good to go. At the best this is anecdotal. Go to UP, Bihar, rural areas of any state and tell me where is an efficient system? What do you think this is? SOme cityboy thing? Most states administration disappears as soon as move out of the cities anyways. You're talking like you're in some VACCUM. Most states don't revise their benchmarks in several years
farmers will get 4 times rate- and how did you come to the conclusion that that is enough? There are several SEZs where land rates went up tens of times. Should they give that up because you think '4 times' is enough. Stop defending this silly clause. There is no reason why they should not consider the farmer/ owner's demands. If they want the land, let them pay for it.



What say has had limited intelligent utility till now.

I know your kind want to leave the farmers unprotected in the hands of land mafias and their political masters, that suits your kind. Now shooo.....

 

[Guynextdoor2]

I know your kind want to leave the farmers unprotected in the hands of land mafias and their political masters, that suits your kind. Now shooo.....

shooo....