Cabinet clears land acquisition bill

13 Dec 2012

1

The union cabinet today cleared a new land acquisition bill, which mandates consent of 80 per cent of the landholders in cases of private acquisition.

Under the Land Acquisition and Rehabilitation and Resettlement Bill, 2011 (LAAR Bill, 2011), in case of public-private partnership, acquisition of land needs consent of a minimum 70 per cent of the landowners.

"It won't be more than 80 per cent and it won't be less than 67 per cent," rural development minister Jairam Ramesh said about the consent requirement.

However, the government will continue to hold the right to acquire land without seeking consent of landowners.

The new bill, finalised by the rural development ministry, seeks to recompensate land losers with rules that can be applied with retrospective effect.

It also stipulates setting up rehabilitation colonies with facilities such as schools and hospitals as part of the compensation package for the uprooted.

Latest articles

Musk ramps up SpaceX moon plans as Bezos accelerates Blue Origin in race against China

Musk ramps up SpaceX moon plans as Bezos accelerates Blue Origin in race against China

Indians can now travel to 56 destinations without prior visa as passport ranking improves

Indians can now travel to 56 destinations without prior visa as passport ranking improves

CEO says EU’s IRIS2 must match Starlink on price and performance

CEO says EU’s IRIS2 must match Starlink on price and performance

Applied Materials jumps 12% as AI chip demand drives strong revenue forecast

Applied Materials jumps 12% as AI chip demand drives strong revenue forecast

Opening the silos: India approves 3 million tonnes of wheat and product exports

Opening the silos: India approves 3 million tonnes of wheat and product exports

Capgemini beats 2025 revenue target as WNS acquisition boosts AI-driven growth

Capgemini beats 2025 revenue target as WNS acquisition boosts AI-driven growth

The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy

The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy

France-backed Eutelsat beats revenue estimates as Starlink rivalry intensifies

France-backed Eutelsat beats revenue estimates as Starlink rivalry intensifies

Germany’s Stark reportedly crosses €1 billion valuation after fresh funding round

Germany’s Stark reportedly crosses €1 billion valuation after fresh funding round