By Accommodation Times Bureau
As part of the Land Pooling Scheme (LPS) farmer’s in Andhra Pradesh have voluntarily given up 32,637.58 (89%) hectares of land approximately for building the new capital Amravati. The LPS scheme evolved by the state which comprises assembling small land pockets into a large tract of land was also lauded by the NITI Aayog.
The land will be used by the government to implement it’s infrastructural visions. T. Srinivasa Rao stated, “For dry land, 1,000 square yards of residential plot and 250 square yards of commercial plots will be returned for every acre.”
Rao said besides these, per acre annuity for crop loss will be paid at Rs 30,000 for dry and Rs 50,000 for semi urban lands for a period of 10 years.The benefits include one time additional payment of up to Rs 1 lakh for gardens like lime, sapota, guava, amla and jasmine and up to Rs 1.50 lakh agriculture loan waiver for each family.