New Delhi: The Government on Friday expressed
concern over investors losing their money due to a court order
that said land in Greater Noida should be returned to farmers
as they had not got due compensation but maintained it could
not intervene as land is a state subject.
"Land...is a state subject. We (Central government) have
no jurisdiction over it. There is obviously a problem...most
of the scams are centered around land," Union Minister Kapil
Sibal told reporters here.
He, however, said the Centre can deal with corruption
related to land and expressed hope that the proposed Lokpal
Bill would be effective in dealing with it.
"Corruption is a central subject, so even if we can`t
deal with redistribution of land, we can deal with corruption
over land. But here (in Greater Noida land case) it is for the
government of UP to devise a solution which is fair, just and
equitable," the Telecom Minister said.
Around 50,000 people who had invested in builder flats in
Noida Extension - a part of Greater Noida - have been affected
by a Allahabad High Court order which said land should be
returned to the farmers as the Uttar Pradesh government had
not paid them adequate compensation.