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Himachal cabinet approves amendments in lease rules

Shimla: Himachal Pradesh cabinet in its meeting held here today approved amendment in the Himachal Pradesh Lease Rules to make it more stringent and to provide relief in genuine cases. It has been decided not to allot government land where suitable private land is available. Provision has been made to provide government land only for government universities and not to private universities. It has also been decided to grant lease for purposes recognised by Himachal Pradesh government as developmental activity only.

Earlier land to companies was allotted @ 18 per cent of the highest market value or double the 5-year average, whichever is less, but henceforth it will be chargable on the amount whichever will be higher and the provision will also be applicable to petrol pumps and godowns. In case the leased land is not put to use within two years of its allotment, the same shall be resumed by the government and lease money charged 10 times of the lease money as penalty. For private educational institutions, other than primary and middle schools, the earlier provision of 5 per cent of the latest highest market value or double the average of market value of last five years, ‘whichever is less’ has been replaced by ‘whichever is high’. Procedure for applying, processing and granting the lease has also been rationalized and made more clear.

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Author: ih

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