Land acquisition for commercial purposes in India is mainly a top-down approach that employs instrumental means like fair market valuations. Market forces play a major role in the land transfer process. On many instances, these have led to sustainability challenges, poor stakeholder management, sustainability challenges and subpar business performance. Land since time immemorial has spiritual bearings in India. There have been numerous occasions in the past when land-related sustainability challenges were resolved through spiritual means—most notably the Bhoodān movement. This article is an attempt to offer a bottom-up and socioculturally aligned spiritual means to facilitate land acquisition based on voluntary land transfers. In particular, we conceptualize Bhoodān-based land acquisition (BhaLĀi) which can facilitate voluntary land transfer, creating stakeholder bhalai (well-being in Hindi), spiritually. Implications for research and practice in this regard have been discussed.

中文翻译：

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基于Bhooda-n的土地收购（BhaLĀi）：从精神上创造利益相关者Bhalai

在印度，用于商业目的的土地购置主要是一种自上而下的方法，它采用了诸如公平市场估值之类的工具性手段。市场力量在土地流转过程中起着重要作用。在许多情况下，这些问题导致了可持续发展方面的挑战，利益相关者管理不善，可持续发展方面的挑战以及业绩不佳。自古以来，土地就在印度具有精神影响。过去，有很多场合都通过精神手段解决了与土地有关的可持续性挑战，其中最著名的就是Bhoodān运动。本文旨在提供一种自下而上且与社会文化相一致的精神手段，以促进基于自愿土地转让的土地收购。特别是，我们将基于Bhoodān的土地收购（BhaLĀi）概念化，这可以促进自愿土地转让，在精神上创造利益相关者bhalai（幸福在北印度语中）。已经讨论了这方面的研究和实践意义。