Friday 30 August 2013

Lok Sabha passes land acquisition bill

The ‘Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation & Resettlement Bill, 2012’ seeks to give a fair deal to farmers

The Lok Sabha has debated and passed two land-mark laws; the food bill and an updated version of the 19th-century legislation governing land acquisition.

The ‘Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation & Resettlement Bill, 2012’ seeks to give a fair deal to farmers losing their land, especially multi-crop land, to industrial needs.
But industry complained the law would push cost and timeframe for setting up new enterprises.
The bill was passed with 216 votes in favour and 19 against.
381 amendments were moved to the bill, of which 166 were official ones, says report.

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