On a two-day visit to the state, the Defence Minister said the groundwork for revision of rent rates has already started.
"The Defence Minister announced that rate of rent of private land under occupation of armed forces will be revised next year by the Defence Ministry, groundwork for which has already started," the Ministry said in a statement.
The rates are revised every five years by the Ministry and the last revision was held in 2008.
The total area under possession of Army, Air Force and Navy in Jammu and Kashmir is 72651 acres.
In 2010, the Defence Minister had told Parliament that out of the hired or requisitioned lands, 15,496 acres are agricultural land and 396 acres are orchard land.
"Rent for hired land is revised every five years and the present rates were revised with effect from February 16, 2008, and the next revision of rentals is due with effect from February 16, 2013," he had said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
