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Punjab to set up sub-committee to examine tenancy bill

The state cabinet decided on Tuesday to set up a sub-committee to examine all aspects of the proposed Punjab Land Leasing and Tenancy Bill, 2019, which seeks to repeal six existing tenancy laws. The cabinet, chaired by Chief Minister Amarinder Singh, also authorised him to set up the panel and decid

BY Realty Plus
Published - Aug 1, 2019 5:08 AM

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The state cabinet decided on Tuesday to set up a sub-committee to examine all aspects of the proposed Punjab Land Leasing and Tenancy Bill, 2019, which seeks to repeal six existing tenancy laws. The cabinet, chaired by Chief Minister Amarinder Singh, also authorised him to set up the panel and decide on its terms and tenure. Singh announced Finance Minister Manpreet Badal as the committee head, with Social Security Minister Aruna Chaudhary and Revenue Minister Gurpreet Singh Kangar as its other members. The bill aims to repeal the six existing tenancy laws to bring in major reforms in matters of leasing of agricultural land in the state. It seeks to balance the rights and responsibilities of landowners and tenants, besides providing a process of fast adjudication for resolution of disputes. According to a statement, the introduction of this "transparent" land-leasing law would allow the landowner to enter into a written contract with the potential tenant without the fear of losing the land. It also incentivises the tenant to make long-term investments to improve the land and get access to credit and subsidies.  

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