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SARFAESI Act, Land Laws to be enacted next Assembly session: Kronu

Nagaland News

KOHIMA, SEPTEMBER 14: The Nagaland Government today decided to take the SARFAESI Act 2002 and the Land Laws Bill for legislation in the forthcoming winter session of the State Assembly.
The decision was taken during the Nagaland Assembly Select Committee on Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Ac, held in the State Assembly Committee Room here, said Minister for Planning and Coordination, Land Revenue and Parliamentary Affairs, Neiba Kronu while interacting with media persons after the meeting.

The implementation of SARFAESI Act in the State will take little more time but for now we have decided to table the draft of the Act with additional points concerning the welfare of the local people in the next winter session of the State Assembly along with Land Reforms Bill, he said.
The draft will be examined thoroughly while some more consultations will be held with the experts before being placed in the House, he said.
He also informed that in today’s meeting the Committee took the opinion of Advocate General K N Balgopal and he has given positive feedback.
Asked if consultations will be held with tribal bodies and civil societies before taking the Act to the Assembly for legislation, Kronu said, “No discussions will be held with tribal organizations as we are clear to take up the matter in the next session of Assembly while some discussions have already been held with civil societies in the past”.
“We will take it for legislation by including the local provision on protection of land of the indigenous people as our land needs to be protected as per the provisions of Article 371A of the Constitution”, he informed.
The local addition would be that banks and funding agencies will be allowed to confiscate the property of defaulters (those not repaying the loan) but they won’t be allowed to sell it to outsiders or non-indigenous people so that our land will be safe, he said.
It will be upto the banks to come forward or not, but a proper consultation will be held with the bankers committee at the Chief Secretary’s level to finalize it before taking to the Assembly, said Kronu.
Bankers have been comfortable but due to some communication gap the problem arose leading to stoppage of loan for private entrepreneurs, he said.
Kronu also said that along with the SARFAESI Act, the Government will also lay the Land Reforms Bill in order to bring about changes on issuing land ownership certificate.

“We have been using the term ‘patta’ which is actually Government allotting land to individual… we are continuing to use an Act of Assam Land Laws of 1886 amended in 1978 and amended by State Government from time to time”, he said.
It is high time that Nagaland has its own land laws, and today’s meeting has brought about more clarity, he said.
Meanwhile, NPF legislature party leader and former Chief Minister TR Zeliang, who has been trying hard to implement the SARFAESI Act since the time he was a Planning and Coordination Minister in the Rio Government in 2008, said “We have decided to draft the resolution and have sitting with the bankers committee and bring it in the winter session for legislation”.
(Page News Service)