CURRENT AFFAIRS

Detailed explanation-1: -Notes: The State government of Uttarakhand recently released a notification that it has made a policy to lease agricultural land, becoming the first Indian state to implement such policy.

Detailed explanation-2: -Laws in India also restrict leasing rights for agricultural land. These laws force farmers to lease their land in the black market since formal leasing is either banned or poses significant risks.

Detailed explanation-3: -Uttar Pradesh comes under the top farming state in India and the rank of Uttar Pradesh counted under major state wise crop production in India, bajra, rice, sugarcane, food grains, and many more.

Detailed explanation-4: -As per the policy, any institution, company or NGO can take farmland on lease for 30 years, provided the leased land is a maximum of 30 acres. The farmers who own the land will receive the corresponding rent during the leased period.

Detailed explanation-5: -The Model Land Leasing Act, 2016 seeks to permit and facilitate leasing of agricultural land to improve access to land by the landless and marginal farmers. It also provides for recognition of farmers cultivating on leased land to enable them to access loans through institutional credit.