Rajya Sabha to take up Land Acquisition Bill on Wednesday
New Delhi: The Land Acquisition Bill, which has been renamed as "The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012" will come up in the Rajya Sabhafor debate and voting on Wednesday.
The Bill is in continuation of the UPA Government`s commitment to enacting rights based legislation with the objective of empowering the common man.
Seeking to correct the wrongs of its predecessor the Land Acquisition Act 1894, it rests on three main pillars: consent (through a well-defined and a comprehensive process), compensation and rehabilitation/ resettlement. The Bill was passed by the Lok Sabha last week with 216 votes in favour and 19 against it.
Union Rural Development Minister Jairam Ramesh assured the Lower House before the passage of the Bill that the measure allowed enough room for State governments to implement it as per their requirements.
The Bill also introduces a number of unprecedented and far reaching safeguards to protect an individual`s right to his or her personal property from arbitrary and indiscriminate acquisition.
The new Bill proposes that farmers and landowners be paid up to four times the market value for land acquired in rural areas, and two times the market value in urban areas.
The other significant aspect of the Bill is that the consent of 80 percent of land owners is needed for acquiring land for private projects and of 70 percent landowners for public-private projects.
Public purpose as per the Bill includes sectors like mining, infrastructure, defence, manufacturing zones, ports, roads, and railways built by the government and public sector enterprises.
More from India
More from World
More from Sports
More from Entertaiment
- Soldier buried under Siachen avalanche snow rescued after six days
- DNA: Analysis on India's naval prowess at International Fleet Review
- Essel Group launches 'Asha 2022' affordable housing scheme
- Soldier buried under avalanche found alive at Siachen glacier
- PM Modi praises Ekal Vidyalaya Foundation, deems mission successful
- 'Achhe din': Residents of PM Modi's adopted village to get free electricity, work in full swing
- Siachen survivor Lance Naik Hanumanthappa brought to Delhi, Army chief Dabir Singh visits RR hospital
- Deepika Padukone, Vin Diesel in first ‘xXx: The Return of Xander Cage’ video – Watch
- How Lance Naik Hanumanthappa survived 6 days below 25 feet of snow in Siachen
- Siachen miracle: Lance Naik Koppad's wife terms her husband's 'news of being alive' as 'rebirth for family'