Nirmala Sitharaman Announces Land Reforms in Union Budget 2024-25
On Tuesday, Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament. She announced that land-related reforms in both rural and urban areas will be incentivized for completion within the next three years through appropriate fiscal support.
Rural Land Reforms
In rural areas, the reforms will include:
- Assigning a Unique Land Parcel Identification Number (ULPIN) or Bhu-Aadhaar for all lands
- Digitizing cadastral maps
- Surveying map sub-divisions as per current ownership
- Establishing a land registry and linking it to the farmer’s registry
These actions will also help facilitate credit flow and other agricultural services.
Urban Land Reforms
For urban areas, the reforms will involve:
- Digitizing land records with GIS mapping
- Establishing an IT-based system for property record administration, updating, and tax administration
These measures aim to improve the financial position of urban local bodies.
Doubts Revealed
Nirmala Sitharaman -: Nirmala Sitharaman is the Finance Minister of India. She is responsible for managing the country’s finances, including presenting the annual budget.
Union Budget -: The Union Budget is a financial plan presented by the government of India every year. It outlines the government’s revenue and expenditure for the upcoming year.
Land Reforms -: Land reforms are changes made to the rules and regulations related to land ownership and management. These changes aim to make land use more efficient and fair.
Digitizing Land Records -: Digitizing land records means converting paper-based land records into digital format. This makes it easier to access and manage land information.
Unique Land Parcel Identification Numbers -: Unique Land Parcel Identification Numbers are special codes assigned to each piece of land. These codes help in accurately identifying and managing land parcels.
IT-based Systems -: IT-based systems use computer technology to manage information. In this context, it means using computers to keep track of property records.
Urban Local Bodies -: Urban Local Bodies are local government organizations in cities and towns. They are responsible for providing basic services like water, roads, and sanitation.
