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Ceiling on buying farm land may go up
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Print The State government is likely to increase the present ceiling on non-agricultural income of Rs two lakh a year to Rs five or six lakh per annum for purchase of agricultural land.
A final decision on the new ceiling will be taken by the State Cabinet soon, secretariat sources told Deccan Herald.
As per section 79A of the Karnataka Land Reforms Act 1961, agricultural land can be bought only by an agriculturist. Further, the non-agricultural income of the purchaser should not exceed Rs two lakh per year.
Revenue department officials said the provision was introduced in 1971 to prevent large scale purchase of farm land by the rich. However, the ceiling had not been revised for several years.
Many farmers do have income from non-agricultural sources and it was found that Rs two lakh per annum was too low an amount and came in the way of even small and marginal farmers who wanted to expand by buying agricultural land, the officials pointed out.
There has been varied proposals on what the new ceiling should be - either Rs four lakh, Rs five lakh or Rs six lakh. It is now left for the State Cabinet to decide. Once the Cabinet clears the proposal, the legislature will have to pass an amendment bill.
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