GREATER NOIDA, Sept. 5 -- The Yamuna Expressway Industrial Development Authority (Yeida) announced on Thursday that it will pay full compensation to farmers within 72 hours of land registry and possession to ease the land acquisition process and ensure timely payments, The initiative is designed to reduce farmers' hardship faced during the compensation process, and also to expedite development work in the region around the Noida International Airport, officials said. The move will help the authority procure land without litigation or dispute and accelerate the developmental work in this region, said officials. The authority will ensure prompt payments, addressing long-standing delays that often stretched for months and caused protests by farmers, while slowing down development projects, they added. "The authority has decided to speed up land acquisition to support settlement and industrial activities," said Yeida's CEO RK Singh. "Timely compensation will also allow construction and development work to begin without hindrance. We want farmers to get full compensation with ease, without waiting for long as they play a pivotal role in development," he added. To be sure, the authority has been allocated Rs.3,000 crore by the government, primarily for land acquisition around the airport and related infrastructure projects. An additional Rs.2,000 crore has been proposed and is expected to be released soon. Officials said funds are being raised through residential, industrial, and other plot allotment schemes to ensure continuous cash flow for compensation payments. Yeida has already disbursed compensation of over Rs.8,000 crore to around 7,000 farmers for 2,400 hectares of land acquired in the first two phases. In the upcoming phase, the authority plans to acquire more than 1,800 hectares, benefitting approximately 14,000 farmers, said officials, adding that acquisition for other development projects is also underway in sectors 4, 5, 8, 10, 11, 28, 32, 33, and surrounding areas. Officials aware of the developments said, Yeida has no dearth of budget which will help expedite development work in the city. With such measures, Yeida aims to ensure faster project execution, fair compensation for farmers, and accelerated urban and industrial growth along the Yamuna Expressway corridor....