Saturday, September 14, 2013

Land Bill Passed


  • Condition: Land can be acquired by govt. for private and PPP projects, provided there is 80% consent of land owners (70% for PPP)
  • Social Impact: Land acquisition will be preceded by social-impact assessment to identify affected families to be compensated and whose consent has to be sought
  • Compensation: Affected families will get four times the market value of land acquired in rural areas and two times in urban areas, land losers and livelihood losers to get compensation
  • R&R: Includes a house, Rs 5 lakh or a job (if available), an allowance of Rs 3000 a month for a year, and miscellaneous allowances of up to Rs 1.25 lakh
  • Retrospective: The new rules will apply retros-pectively to cases where no land acquisition award has been made, besides those where land was acquired 5 years ago but no compensation was paid or no possession took place.

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