Centre modifies Land Acquisition Act for defence, industrial corridor sectors

Compensation, rehabilitation & resettlement packages will be as per the new act - FM

Update: 2014-12-30 04:57 GMT
Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi on Monday.Union Minister for Rural Development and Panchayati Raj Birender Singh is also seen (Photo: PTI)

New Delhi: Seeking to send a strong signal to investors that it means business, the BJP government on Monday took the ordinance route to make sweeping changes in the UPA’s Land Acquisition Act, removing the crucial consent clause for acquiring land for five sectors: defence, industrial corridors, affordable housing, electrification and building social infrastructure.

The mandatory “consent” clause — 80 per cent of the project-affected people had to provide consent — and Social Impact Assessment will not be applicable. The ordinance enables the takeover of multi-crop irrigated land if it is being acquired for PPP projects and rural infrastructure Finance minister Arun Jaitely said the compensation, rehabilitation and resettlement packages will be applicable as per the new Land Acquisition Act.


 

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