Cabinet clears land acquisition bill

The draft bill defines "public purpose" and mentions that once land is acquired cannot be changed

GN Bureau | September 5, 2011



The much awaited land acquisition bill was passed by the union cabinet on Monday and it should be tabled in Parliament on Wednesday, as per media reports.



The draft bill defines "public purpose" and mentions that once land is acquired for a particular purpose, this cannot be changed. It also stipulates timelines for paying compensation for the land acquired to the owner.



This bill aims at giving farmers a better deal while helping fast-track industrialisation.



Livelihood compensation for displaced landless on a par with landowners, share in the price appreciation of land with the project, acquisition in strict accordance with the tribal and forest dwellers acts are the new formulations in the billl.


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