Resource information
This note summarizes the key findings of
the attached consultant report. India is still primarily a
rural, agrarian economy in which land use and land rights
are an emotional issue. Prior to 1990 the presumption was
that only residual land (non agricultural) would be made
available for industrial use and because the state was the
principal industrial investor the state would acquire any
land needed. After 1990 the expectation was that private
investors would act to acquire industrial land but a set of
policy and institutional problems have left both investors
and landholders unhappy and have impeded industrial
development. This report documents the nature of the policy
and institutional constraints to industrial land acquisition
by the private sector and recommends policy changes to
address them. The broad objectives of this study are to:
identify issues related to availability of land for industry
and those pertaining to purchase of land by private sector
and/or purchase/acquisition of land by Government for
private sector industrial investments; examine the related
constraints that impede the functioning of an effective land
market in the country and recommend possible solutions to
address such constraints; and suggest alternatives for
making suitable land available to private sector industrial
investors with necessary social and environmental safeguards.
