State Government offers compensation to land losers
Mamata Banerjee the chief minister of West Bengal might have led a hostile movement forcing Tata Motors to relocate its Nano project from Singur; but if her government has its way on the Right to Fair Compensation and Transparency in Rehabilitation and Resettlement Act 2013, the farmers of Singur whose land was acquired by the erstwhile Left Front government, would be eligible for only half the compensation recommended by the Centre’s land Act if the government has to acquire land for a project in the future.
As stated under the provisions of the Centre’s land Act, the state government has to offer compensation at four times the market value in rural areas and twice the market value in urban areas in case of land acquisition. The ‘market value’ is to be determined based on sales and purchases made at sub-registrar offices.
The state government has given and option about a rider in offering compensation – land losers in rural area will be eligible for compensation at four times the market value only if the plot is at least 120 km away from urban areas, otherwise, it would be treated as urban land and compensation would be twice the market price.
Source: Business Standard
Compensation, Mamata Banerjee, Nano project, Rehabilitation and Resettlement Act 2013, Right to Fair Compensation and Transparency
