logo
Give land voluntarily for Shaktipeeth, get 25% bonus, says Kshirsagar

Give land voluntarily for Shaktipeeth, get 25% bonus, says Kshirsagar

Time of India19 hours ago
Kolhapur: Farmers who voluntarily give up their land for the Shaktipeeth expressway will receive an additional bonus of 25% of the land price, said state planning commission chairman Rajesh Kshirsagar on Saturday evening in Kolhapur.
He said farmers will receive two-and-a-half times the land cost, and district collectors will be given the authority to fix the price. Approximately 46,000 hectares of land will be acquired for the Nagpur-Goa Shaktipeeth expressway. In Kolhapur district alone, 5,300 acres will be acquired.
"We met officials of the Maharashtra State Road Development Corporation (MSRDC), the implementing authority for the Shaktipeeth expressway, a couple of days ago.
The panel under the district collector will be set up to find a mean of the ready reckoner and market price of the land to compensate the farmers. The base price will be two-and-a-half times the mean cost, and above that, the farmer will receive an additional 25% as a reward for voluntarily giving up their land.
Recently, the state cabinet approved Rs 11,700 crore for land acquisition in 12 districts. Govt has agreed to increase the amount for land acquisition if required," said Kshirsagar.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Is it legal? How to get Internet without paying a subscription?
Techno Mag
Learn More
Undo
Kshirsagar, who is also a Shiv Sena MLA, said the bridges will be constructed using pillars so that the floodwater could pass easily and not be obstructed. Also, the road width would not exceed 110 metres. "The actual cost of construction is around Rs 51,000 crore. The rest is the interest on the loans, environmental compensation, and land acquisition, which in total takes the project cost to Rs 86,000 crore," added the MLA.
Meanwhile, the anti-Shaktipeeth expressway forum challenged anyone supporting the highway to show that their land was in the way of the highway after Kshirsagar claimed that 35 farmers have submitted their 7/12 extracts for land acquisition.
Raju Shetti, of the Swabhimani Shetkari Sanghatana, said, "The MLA took 35 people with him to show support for the road project. Some of these people don't have land that will be affected by the project. There are more than 10,000 farmers who will be affected by the project, and showing support from a mere 35 farmers is a clear failure on the part of govt and those supporting the destructive project."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sharda Cropchem Ltd leads losers in 'A' group
Sharda Cropchem Ltd leads losers in 'A' group

Business Standard

time33 minutes ago

  • Business Standard

Sharda Cropchem Ltd leads losers in 'A' group

Garden Reach Shipbuilders & Engineers Ltd, Techno Electric & Engineering Company Ltd, Lloyds Engineering Works Ltd Partly Paidup and Power Mech Projects Ltd are among the other losers in the BSE's 'A' group today, 14 July 2025. Garden Reach Shipbuilders & Engineers Ltd, Techno Electric & Engineering Company Ltd, Lloyds Engineering Works Ltd Partly Paidup and Power Mech Projects Ltd are among the other losers in the BSE's 'A' group today, 14 July 2025. Sharda Cropchem Ltd tumbled 5.08% to Rs 785.35 at 14:46 stock was the biggest loser in the BSE's 'A' the BSE, 33866 shares were traded on the counter so far as against the average daily volumes of 28418 shares in the past one month. Garden Reach Shipbuilders & Engineers Ltd lost 4.13% to Rs 2686. The stock was the second biggest loser in 'A' the BSE, 1.99 lakh shares were traded on the counter so far as against the average daily volumes of 3.35 lakh shares in the past one month. Techno Electric & Engineering Company Ltd crashed 3.34% to Rs 1542.9. The stock was the third biggest loser in 'A' the BSE, 24488 shares were traded on the counter so far as against the average daily volumes of 23840 shares in the past one month. Lloyds Engineering Works Ltd Partly Paidup fell 3.25% to Rs 56.9. The stock was the fourth biggest loser in 'A' the BSE, 1.63 lakh shares were traded on the counter so far as against the average daily volumes of 4.8 lakh shares in the past one month. Power Mech Projects Ltd shed 3.05% to Rs 3209. The stock was the fifth biggest loser in 'A' the BSE, 7451 shares were traded on the counter so far as against the average daily volumes of 5734 shares in the past one month.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store