How the Market Mechanism Can Be Utilized in Land Acquisition

2019 ◽  
pp. 97-121
Author(s):  
Yinghong Huang

This chapter looks into the effectiveness of land markets in the process of land acquisition by discussing two case studies. The first includes the land acquisition in Foshan New Town, Guangdong (China), and the second is GIGC Sanand project, Gujarat (India). In these two cases, land acquisition for urban/industrial development did not result in furious confrontations between the government and landowners due to the creative measures taken by the local authorities. The landowners got adequate compensations and in some instances even enjoyed a share of the developmental benefit. They thus welcomed rather than resisted the developmental projects. I argue that effective land markets contribute to a more inclusive development, which provides a direction for further improvement in land acquisition regimes.

2021 ◽  
Vol 15 (1) ◽  
pp. 27-38
Author(s):  
Mayowa Adedapo Ogungbe ◽  
Mustapha Oyewole Bello

Public land is crucial for the execution of developmental projects in many nations. However, studies have indicated that most of the time, public land is often being encroached. The issue of concern in this paper is: why do people encroach on public land? A contextual investigation approach was embraced for this study and residents of Ajoda New Town (ANT) - a scheme of Oyo State Government, Nigeria were involved as respondents to a structured questionnaire prepared on a five-point Likert scale format. Respondents were randomly selected, and, a total of 322 completed copies of the questionnaire were found valid for data analysis. The study employed Weighted Mean Score and Principal Component Analysis in determining the factors that led to the land encroachment in the community. Results indicate that faulty administrative/implementation, the hostile attitude of original settlers, and excessive land acquisition by the government are the major factors responsible for land encroachment in the study area. It was recommended that during the acquisition process, the government should imbibe the culture of acquiring a reasonable portion of land which will not be far more than what is required to avoid encroachment, and adequate compensation paid to the affected persons.


1975 ◽  
Vol 10 (3) ◽  
pp. 293-323 ◽  
Author(s):  
Peter Elman

Very soon after the establishment of the State (and as an important part of its constitutional structure) the office of State Comptroller, responsible to the Knesset alone and independent of the Government, was established under statute—the State Comptroller Law of 1949. After undergoing a number of amendments, the Law was eventually replaced in 1958 by a Consolidated Version but without any substantive change being made in the functions and powers of the Comptroller, a fact which goes far to demonstrate the proven worth of the office.Briefly, the functions of the Comptroller are to carry out “inspection of the finances and the management of the finances and the property and administration of the State and of the bodies subject to the inspection of the Comptroller, and to perform the other functions assigned to the Comptroller by this Law”.The bodies subject to inspection include, in addition to every government department, state enterprises and institutions and local authorities, persons or bodies holding, otherwise than under contract, or managing or controlling any state property or funds in the management of which the Government has a share or which are made subject to inspection by the Knesset or by agreement with the Government.


2018 ◽  
pp. 122-128
Author(s):  
YaTou ZHANG

As an emerging industry, photovoltaic industry has won strong support from the government. However, many problems appear in industrial development with increasing maturation of photovoltaic industrial development. The governmental effect has a critical bearing on photovoltaic industrial development as governmental policies-driven industry. In order to investigate the influence of governmental intervention on growth of photovoltaic enterprises, sample data related to photovoltaic enterprises in Chinese A≠share market during 2007Ц2017 were selected, and the influences of fiscal subsidies and tax preferences on growth of photovoltaic enterprises were analyzed. The results show that both fiscal subsidies and tax preferences have positive promoting effects on growth of photovoltaic enterprises and influence of fiscal subsidies is more obvious. The conclusions provide decision-making support for the government to formulate intervening policies facilitating growth of photovoltaic enterprises.


Author(s):  
Mircea Raianu

This chapter attempts to construct a multisite ethnography of land grab by the government for private profit-making companies in Paschim (west) Medinipur district of West Bengal under the pro-peasant leftist government. The text of the article juxtaposes the direct fieldwork experiences with archival data collected from land acquisition files. The transition from a land-based rural economy toward an industrial regime was not smooth. It was characterized by protest, resistance, and bargains by the peasants as well as government and private company failures despite official claims of industrial development and employment during the transition. This micro level anthropological study also has macro implications in which the author takes up the role of a storyteller, an actor interacting with parliamentarians at New Delhi as an expert on land acquisition, and also listening to the protesting and satirical voices of the peasants affected by governmental land grab.


2019 ◽  
Vol 7 (3) ◽  
pp. 167-181
Author(s):  
Didimus Dedi Dhosa

This study aims to investigate industrial development project by corporations facilitated by the government of East Nusa Tenggara Province. The government argues that the development of Bolok Industrial area can open workforce, elevate the welfare of citizens, and reduce the poverty index. This research was conducted from February to July 2019. Data collection techniques are indepth interview, focus group discussion, and participant observation.  By using a critical qualitative approach and a Marxian analysis of land acquisition and capital accumulation, this paper finds four urgent things. Firstly, people’s land is grabbed by corporations with government’s support. Secondly, the acquisition is carried out with the politics of 'lure' and 'tourism' to the island of Java. Thirdly, land acquisition causes inequality in land tenure and exclusion of farmers from their arable land. Fourthly, advocacy of critical awareness by various actors becomes less effective when important actors in society have been co-opted by corporations which resulted in conquering to the masses. The government of NTT Province must reconsider the development of an industrial area if they don’t want local people to be trapped in the poverty circle and ecological destruction.


2018 ◽  
pp. 157-163
Author(s):  
Ram Sharan Pokharel

The main objective behind the establishment of Nepal Rastra Bank in 1956, as per the then Nepal Rastra Bank Act, 2012 B.S. (Now Nepal Rastra Bank Act, 1955), was to maintain macro-economic stability, by adopting sound and effective monetary, foreign exchange and financial sector policies. Institutional Development and Legal Development are the main underlying components to achieve the objectives of macroeconomic stability along with the development of Regulatory Authority and market mechanism subject to Institutional Development. Ministry of Finance, Nepal Rastra Bank, Securities Board of Nepal, Insurance Board, etc. form Regulatory Authorities whereas banks and financial institutions, securities brokers, merchant bankers, insurance companies form the Market Mechanism. This article, does not give much attention to institutional development, aims mainly to emphasize on the impacts of legal input in the development of financial sectors of Nepal, especially, the promotion of Banks and Financial Institutions and its impacts in the financial sector and the impacts of Banks and Financial Institutions Act (BAFIA) in the development of Banks and Financial Institutions, respectively. The history of modern banking in Nepal is yet to complete 100 years as it is evident from the establishment of Nepal Bank Limited in 1937. Prior to the establishment of Nepal Bank Limited, limited amount of bank transactions used to be done by Tejarath Adda which was established in 1880. Tejarath Adda did not collect deposit but it used to disburse loan. However, it did not provide loan to general people, rather it used to provide loan to government employees and land-lords only. Nevertheless, the government had provided loan to general people through Tejarath Adda to build house after the great earthquake of 1934. The modern banking history of Nepal commenced after the establishment of Nepal Bank Limited in 1937. Subsequently, Nepal Industrial Development Corporation, Agricultural Development Bank, Rastriya Bannijjya Bank, Nepal Arab Bank Limited, Nepal Indosuez Bank Limited (which later became Nepal Investment Bank Limited), Nepal Grindlays Bank Limited (which later became Standard Chartered Bank Nepal Limited), Himalayan Bank Limited, and the youngest bank Mega Bank Limited have been established in series. Now, Nepal Rastra Bank has stopped licensing process of Banks and Financial Institutions except Infrastructure Bank.


2019 ◽  
Vol 8 (1) ◽  
pp. 1-5
Author(s):  
Bibekananda Behera

The liberalization process that started in India in the early 1990s has made Odisha potentially the most attractive destination for large capital-intensive projects by both public and private-sector firms- typically mineral based ones. These projects are facing opposition from the people, especially those likely to be displaced and those who will be indirectly affected. The violence over land acquisition by the government witnessed recently. The drive for land acquisition on the name of industrialization and development has been the reason behind rise in protests by the farmers and tribal people across the state. If the development projects are for the people, then why people rejected it. The protests by civil society and peoples against land acquisition have been growing in recent years. These protests and violence increasingly question the so-called “greater good”. The environmental problem of poor countries like India become acute and they deserve immediate attention in terms of planning and investment programs.


2019 ◽  
Vol 5 (1) ◽  
pp. 54
Author(s):  
Siti Norida Wahab ◽  
Nazura Mohamed Sayuti ◽  
Azimah Daud

The purpose of this study is to provide an understanding of the factors influencing green warehouse practices (GWP) in the Malaysian warehouse industry. Both stakeholder theory (ST) and institutional theory (IT) act as the foundation in developing the theoretical framework. Six factors were identified resulted from preliminary data gathering and an extensive literature review for constructing the model. The sample size consists of 226 respondents with the acceptance rate of 89 per cent. The findings revealed that customer demand, owner support, employee involvement, top management commitment, industry competition, and governmental pressure are positively associated with GWP. Based on the findings, warehouse companies and relevant authorities in Malaysia should focus on the importance of GWP towards becoming more competitive in the global market. The study provides a theoretical gap by proposing a valuable implication to scholars and practitioners in promoting sustainable industrial development which aligns with the government national agenda.


2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Priyo Katon Prasetyo ◽  
Rosye Villanova Christine ◽  
Sudibyanung Sudibyanung

Abstract: Based on Law Number 2 of 2012 concerning Land Acquisition for Development in the Public Interest, the Openness Principle is one of the ten principles as the basis of the implementation of development. This principle is significant because its complex role can lead to conflicts and disputes. In this paper, discussions are divided into two parts: 1) how the implementation is expected to be applied according to the acquisition procedure in theory; and 2) the reality that occurs in the field. The first discussion was conducted by reviewing the applicable regulations and the methods or concepts of development of the openness principle. Meanwhile, the second discussion about the reality on the field was conducted by elaborating case studies regarding problems in land acquisition. The results of this study indicate that there are gaps in the implementation of the openness principle between theory and reality in regards of land scarcity, economic inequality, and information asymmetry among the involved parties. In conclusion, the implementation of the openness principle is significant with the role of information in land acquisition.Intisari: Berdasarkan Undang Undang Nomor 2 Tahun 2012 tentang Pengadaan Tanah Bagi Pembangunan Untuk Kepentingan Umum, Asas Keterbukaan adalah salah satu dari sepuluh asas yang menjadi dasar pelaksanaannya. Asas ini menjadi signifikan karena perannya yang kompleks dapat menimbulkan konflik dan sengketa. Artikel ini akan membagi pembahasan menjadi dua bagian: pertama, bagaimana implementasi yang seharusnya diterapkan pada prosedur pengadaan secara harapan, dan kedua, membahas mengenai realita yang terjadi di lapangan. Secara harapan pembahasan dilakukan dengan melakukan library research atau studi terhadap peraturan yang berlaku dan metode-metode atau prinsip perkembangan dari asas keterbukaan. Realitas di lapangan akan dielaborasi dari studi kasus mengenai permasalahan dalam pengadaan tanah. Hasil dari penelitian ini menunjukkan ada gap dalam implementasi asas keterbukaan antara harapan dan realitas di lapangan yang bersumber dari kelangkaan sumber daya/tanah, ketimpangan ekonomi dan asimetri informasi di antara para pihak yang terlibat. Tulisan ini menyimpulkan bahwa implementasi asas keterbukaan signifikan dengan peran informasi dalam pengadaan tanah. 


2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Dhina Setyo Oktaria ◽  
Agustinus Prasetyo Edi Wibowo

Land acquisition for public purposes, including for the construction of railroad infrastructure, is a matter that is proposed by all countries in the world. The Indonesian government or the Malaysian royal government needs land for railroad infrastructure development. To realize this, a regulation was made that became the legal umbrella for the government or royal government. The people must agree to regulations that require it. Land acquisition for public use in Malaysia can be completed quickly in Indonesia. The influencing factor is the different perceptions of the understanding of what are in the public interest, history and legal systems of the two countries as well as the people's reaction from the two countries


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