JAKARTA. The equal land ownership is included under the government’s programs on fair economic policy. President Joko Widodo said, the government will grant land concession to the people, not to the corporates, to reduce the gini ratio. According to President Joko Widodo, the land concession will be distributed to the people through the mechanism of asset redistribution and agrarian reform. For an example, to date the concessions of about 300,000-500,000 ha lands are granted to major companies. In the future, the concessions will be transferred to the people. The concession grant is expected to encourage the partnership between the major companies with the people. This is subsequently expected to create an equal economy.
Govt to grant land concession to people
JAKARTA. The equal land ownership is included under the government’s programs on fair economic policy. President Joko Widodo said, the government will grant land concession to the people, not to the corporates, to reduce the gini ratio. According to President Joko Widodo, the land concession will be distributed to the people through the mechanism of asset redistribution and agrarian reform. For an example, to date the concessions of about 300,000-500,000 ha lands are granted to major companies. In the future, the concessions will be transferred to the people. The concession grant is expected to encourage the partnership between the major companies with the people. This is subsequently expected to create an equal economy.