Hooda government defrauded farmers of Rs 1,500 crore: Supreme Court - News Summed Up

Hooda government defrauded farmers of Rs 1,500 crore: Supreme Court


NEW DELHI: The Supreme Court has slammed the erstwhile Congress government in Haryana for helping builders acquire huge tracts of farm lands at prices much lower than market rates, by threatening acquisition by the state at throwaway prices. This was mala fide exercise of power and a fraud, the court said. The SC bench has urged the high court to decide the dispute pertaining to the Dhingra Commission report within two months.“About 400 acres, whose market value at that time was above Rs 4 crore per acre, totalling about Rs 1,600 crore, was purchased by... criminal conspirators from innocent land owners for only about Rs 100 crore. A complete investigation in the transactions... shall be undertaken by CBI.”The state may revisit its policy of change of land use and giving colonisation licences in respect of land which was the subject of acquisition, the court said. The landowners who have not received compensation will receive it.


Source: Economic Times March 13, 2018 00:56 UTC



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