
AP Chambers Urges State Government To Repeal Land Conversion Act
The move, the Chambers said, would significantly benefit entrepreneurs and businesses looking to establish new ventures in the state.
In a letter addressed to Chief Minister N. Chandrababu Naidu on Monday, AP Chambers president Potluri Bhaskar Rao expressed appreciation for the government's recent announcement regarding the repeal of the Act. The state had earlier announced in March that the legislation would be abolished soon.
“We thank the government for its decision to repeal the Act. This has been a long-pending demand of the citizens and business enterprises in the state,” Bhaskar Rao wrote in the letter.
The 2006 Act requires landowners to pay a conversion fee to change the classification of agricultural land to non-agricultural purposes, a process that many have described as burdensome and a deterrent to investment.
Entrepreneurs and industry representatives have long argued that the law hampers industrial development and delays business expansion in Andhra Pradesh.
Bhaskar Rao emphasised that abolishing the Act would ease the process of land acquisition for commercial and industrial use, ultimately boosting the state's economic growth and attractiveness to investors.
With the state government reiterating its intention to scrap the law, industry bodies are hopeful that the official repeal will be implemented swiftly to align with the state's pro-business agenda.
AP Chambers urged the government to expedite the process and ensure the necessary legal and administrative steps are taken without delay.
(KNN Bureau)
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