Well, what will the authorities do? They have planned to follow the footsteps of Greater Noida Authority. During the Noida Extension now known as Greater Noida West row, Greater Noida Authority had asked developers to share the burden of additional compensation which was paid to farmers following the Allahabad high court order. Since the Authority does not have sufficient funds to pay 64% additional compensation, they were seeking the help of developers to raise funds so that to the farmers eligible for the compensation can be paid.
Yes, that is very true. The developers have been reeling under losses due to land disputes and agitation by farmers; however, they are ready to share the burden to some extent but in return there are asking for some relaxation of the norms from the authorities.
It is very simple; the UP government had recently formed a committee under the chairmanship of cabinet minister and national spokesperson of Samajwadi Party, Rajender Chowdhary to look into the large-scale irregularities and scams relating to land allotment in Noida. Now that the general elections are around the corner, the Samajwadi Party is all up to woo the farmers.
I’ll give you a quick brief. Farmers have been agitating for the last two years demanding additional compensation and re-settlement schemes. On several occasions, farmers have halted construction work of realty projects and even locked the office of Yamuna Expressway Authority. Hope this explains the situation.
Yes, it has been decided that the authorities have to arrange for Rs. 8000 crore to settle the farmers issues. But unfortunately the authority seems to be in trouble this time as they do not have such kind of funds.
Well, that was the main agenda of the meeting that was held at UP Bhawan in Delhi. The ministry, officials and the developers discussed the aspects of sharing the financial burden.
Of course there is an update. There was a meeting that was recently held to break the deadlock between farmers, Yamuna Expressway Authority and developers. The meeting was held by the UP jail minister to settle land dispute cases that have been hampering development in the region.