Lenin's Decree on Land, issued in October 1917, was a pivotal legislative act that abolished private land ownership and redistributed land to peasants in Russia. This decree aimed to address the grievances of the peasantry, who were frustrated by their lack of land and resources, and it represented a key aspect of the Bolshevik program to establish a socialist state. The decree laid the groundwork for major agrarian reform and was essential for consolidating Bolshevik power during the early stages of the Russian Revolution.