Bangalore: The government of Karnataka has finally decided to streamline its longstanding land reforms regulations. The decision was made with an intention to have significant effect on the industrial development in this state.Recently, the state government submitted The Karnataka Land Reforms and Amendment Bill, 2014, requesting to reduce the delays in the process of Government after the land has been distributed for different uses under Karnataka Land Revenue Act, 1964 and Karnataka Land Reforms Act,1961.As per the latest system, a non-agricultural individual whose annual income is about Rs. 2 lakh cannot purchase any agricultural land. But the State High-Level Clearance Committee (SHLCC), Cabinet or single-window clearance committee with their assigned powers has the right to allocate the land for industrial purpose, residential project, development of educational institutes, place of worship or for any other functions under the Land Reforms Act, Section 109.The allottees after the land allotted under Section 109 have to notify the District Deputy Commissioner (DC) for transforming the land under Karnataka Land Revenue Act, 1964, Section 95. With an expectation of approval from the governing body, the process of acquiring permission from DC for the land conversion will be put to an end.The amendment bill also highlighted a strict provision which stated that industrialists, residential project developers, owners of educational institutes and places of worship will have to surrender their lands to the government if they do not use the land for the purpose for which it was approved within a time span of 10 years. The unused land will be forfeited to the government’s land bank.займ на карту без отказов круглосуточновзять кредит онлайн