AP New Capital In Five Years: Chandrababu Naidu

The Andhra Pradesh government has decided that the capital city will require 30,000 acres, comprising of clusters, and said that it will come up in five years.

In a meeting with the members of the Capital Advisory Committee at the Secretariat on Saturday, the Chief Minister Chandrababu Naidu said that the process of procuring land would be through a Land Pooling System (LPS).

Only if land owners refused to give land would the government opt for land acquisition, he stated.

Under the LPS, 50 per cent of the land would be earmarked for common assets.

The Chief Minister directed the committee to expedite the process of land pooling, and said a special officer would be appointed to look into the LPS.

The land pooling certificate, which would confer transferable rights on the reconstituted land, would be given to the land owner after the notification of the layout plan was out.

The Chief Minister said that the district collectors, with the respective local legislators and ministers, would take the responsibility of convincing the land owners to agree to the Land Pooling System.

In the meeting, it was also decided that an additional incentive in the form of Rs. 25,000 per acre, escalating at the rate of 5 per cent each year for a period of 10 years, or till the first transaction, would be given to each land owner.

The land owners would enjoy exemption from payment of stamp duty, registration fee and NALA.

The landless poor who lose their livelihoods would be provided training and other assistance for skill upgradation for employment opportunities, the Chief Minister said.

The Chief Minister with the committee decided that proposals could be initiated for the beautification and development of Vijayawada and Guntur.

Further, the existing VGTM-UDA would be dissolved before the Capital Region Development Authority (CRDA) was notified.

The committee also decided that an Urban Development Authority (UDA) for Visakhapatnam would be formed on lines similar to those of the capital city.

The Chief Minister will be the chairman of this UDA. (INN)