RAMC - Pitch to Land Owner

 If you (by yourself or along with other people) own 10 acres or more of agricultural land, which you don’t use and don’t plan to use for

1.       Your personal stay

2.       Industrial purpose

3.       Commercial agriculture as your source of revenue

Here is a proposal you may want to consider.

We are a rural assets management company (RAMC). Our focus is to manage agricultural land and related assets such that the value of the asset increases ecologically, socially and as a result, financially. We develop agricultural land into food forests and farmlands suitable for natural (aka regenerative, sustainable) farming including water bodies and spaces for living, working and recreation. Know more

If you would like to participate in this effort with your land, this is how it can work.

You enter into an agreement with the RAMC for development and management of your land. You may want to retain some land in your name, which you intend to use for your personal endeavors. The agreement with the RAMC will prohibit either parties from selling the land forever, unless until the RAMC is dissolved and ceases to exist. The land shall be held by a trust, trustees of which shall act as the custodians of land and ensure management and development of the land as per the constitution of the trust.

Upon transfer of the land to the trust, the AMC shall issue ‘land bonds’, which will be based on the prevailing market value of the land or 10 lac per acre, whichever is lower. Each bond will be for Rs 1 lac and shall earn an interest of 6% pa, which may be paid annually or accumulated with the principal.

The RAMC shall raise investments to develop your land at regular intervals through issue of tokens. These tokens will serve as 

1. Equity shares, the value of which will be driven by the market forces based on existing and potential revenue streams. The development on the land will enable multiple enterprises like farming, food processing, tourism, education, events, etc. The RAMC shall lease the land to such enterprises. Carbon credits is another possible enhancement in asset value / a revenue stream. 

2. The tokens will also serve as a medium of exchange at the enterprises referred to above. Investors in development can use part of their tokens to buy products and services and/or sell them to other consumers who wish to buy the products/services. 

In effect, the tokens will be backed by real value of development on the land. This will automatically form the basis of determination of price of the tokens in sovereign currencies and creation of a market.

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