The land pooling scheme (LPS) to build the capital city, Amaravati for the new state of Andhra Pradesh after the bifurcation has been done is already complete. In that regard 3, 000 acres of land had been acquired from farmers which happened without much of a protest. This has taken the notice of many as this critical land acquisition happened without much of hassle while it’s a fact that the Land Acquisition Ordinance of the central government is still an issue of rage and deep rooted controversy.
There are still many people who doubt that it’s the farmers benefit from the scheme which actually gives them back developed commercial and residential land ranging from about 900 to 1700 square yards of land for every one acre of land being surrendered. The farmers are further entitled to receive an annual compensation of Rs. 30, 000 to Rs. 50, 000 per acre of land. This of course will be paid with an annual increase of 10 percent for a ten year period.
The state government would issue “Land Pooling Ownership certificates” for the month of December onwards once the plotting starts in the new capital Amaravati. Out of the total land of 33, 000 acres acquired, 8, 000 acres will go back to the original land owners. The remaining 15, 000 acres had been set aside for the open spaces, parks, ponds, lakes, open air auditoriums and other such common areas. The buildings of the state government, secretariat, Legislative Assembly, High Court, official accommodations, etc. will come up in just about the 8, 000 acres of land. This is the idea on the whole of Amaravati which is intended to be a green capital with lots of walkaways, open spaces and parks. There will be land apportioned for the corporates, banks and other entities who desires to establish offices in the capital region of Andhra Pradesh. The sources from the government said that these kinds of allocation will add to the creation of jobs per acre occupied by the government.