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Land may be given easily to the housing and infra projects

No Comments Sub Category:Realty News Posted On: Jun 16, 2014

Some of the most important state finance ministers along with the Congress ruled states have recently called for easing the restrictive provisions on matters of land acquisition. This is a demand which may cause the Center to search for ways in which they could make it easier for infrastructure as well as housing projects which are not expensive in order to possess land.

Till now there has been no kind of formal decision taken. At the same time, within a particular segment of the government, a view has been emerging is that a particular strategy needs to be drawn up in order to make sure that the infrastructure projects do not get blocked by any chance due to matters related to the procession of land.

The matter of Land Acquisition was raised by several finance ministers when they were conducting a meeting with a finance minister Mister Arun Jaitley. According them land acquisition has been seen as a stumbling block for all the projects.

According to important sources, the government does not want to hurry up in order to amend the Act. This is because of the political consequences of such moves. But since they are faced with a economy that is slow along with some stalled projects, the priority would be to get the process of growth beginning again.

Source – The Times of India

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