-The Economic Times
NEW DELHI: NITI Aayog, the government’s premier think-tank, is set to introduce a model law on land lease that will not only improve agricultural efficiency but also quicken the pace of industrialisation.
The model law will offer flexibility to land owners and tenants to decide on the term of lease and rent, thus making it simpler for the government to lease land for public-private partnership projects in sectors other than agriculture, a senior government official told ET.
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