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Why farmers are up in arms

Here’s why farmers in Greater Noida are up in arms: The Uttar Pradesh government is offering them Rs 850 per sq mt, at least 20 times less than the market rate, for land it is acquiring for various projects.

Updated on: Aug 15, 2008 12:24 AM IST
Hindustan Times | By , Greater Noida
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Here’s why farmers in Greater Noida are up in arms: The Uttar Pradesh government is offering them Rs 850 per sq mt, at least 20 times less than the market rate, for land it is acquiring for various projects.

HT Image
HT Image

The same land, sold commercially, would fetch the farmers Rs 15,000 to Rs 30,000 per sq mt, depending on the location. “The circle rate [lowest rate of land that attracts stamp duty] in villages flanking GT Road is Rs 8,000 per sq mt. However, as per government-offered rates, that is calculated to be Rs 850,” said

social activist Rupesh Verma. This means that the government refuses to recognise the actual land value, holding it to be much lower in order to shell out lesser compensation.

Ironically, the rates offered by the government were even lower – between 2006 and 2008, it offered a mere Rs 320 per sq mt.

“There are six authorities acquiring land in Gautam Buddh Nagar district, Uttar Pradesh’s smallest. This is simply an attempt to grab our land,” said Radhacharan Bhati, of neighbouring Nayi Basti village.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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