Land Market Transactions in Rural Haryana

Kailas Sarap This paper analyses the functioning of the land market as it operates in the rural areas of Haryana on the basis of field survey data. More specifically, the author discusses (a) the inactive nature of the land sale market, (b) the background of sellers and buyers and the sellers' motives for selling land and (c) variation in price per unit of land and the factors affecting it. The discussion, it is hoped, will throw light on the nature and extent of distress sale by farm households and the linkage, if any, of land transactions with the credit market.