Scheme For Special Assistance To States For Capital Investment 2024-25:
The central government has earmarked financial incentives under the Scheme for Special Assistance to States for Capital Investment 2024-25 to promote land-related reforms across states.
- The Centre will provide states with Rs 10,000 crore in incentives for implementing land-related reforms in rural and urban areas, and Rs 5,000 crore for creating a Farmers’ Registry during the financial year 2024-25 (FY25).
- In rural areas, Unique Land Parcel Identification Numbers (ULPIN), also referred to as Bhu-Aadhaar, will be assigned to land parcels.
- ULPIN is a number that would uniquely identify every surveyed parcel of land and prevent land fraud, especially in the hinterlands of rural India, where land records are outdated and often disputed.
- Cadastral maps will be digitised, and land subdivisions will be surveyed to reflect current ownership. Additionally, a comprehensive land registry will be established.
- In urban areas, States will receive financial incentives to digitise land records using Geographic Information System (GIS) mapping.
- They are also required to develop IT-based systems for property record administration, updating, and tax management.
