2014 Land Acquisition Act
Change to Land act which has been instrumental in stalling of various real estate projects is likely to come up in the winter session of parliament. The government had promised amendments in the land acquisition act to make it balanced for both land sellers and developers. The new change to land act is likely to [...] Continue Reading »
The Department of Industrial Policy Promotion has recently come to a conclusion that it will work towards the simplification of the Land Acquisition Act. This will be done for the purpose of facilitating some investment and developing of the economy. Tiresome and difficult rules will be done away with in order to carry out the [...] Continue Reading »
The rules of the new Land Acquisition Act will not apply on the large-scale projects, such as industrial corridors and national highways. This solution was proposed by the Commerce and Industry Ministry to avoid delays in these projects. Provisions such as mandatory consent of project-affected people for land acquisition should not apply to infrastructure projects. [...] Continue Reading »
It looks like that the Modi govt. is truly in favour of developing the nation. That’s why they want to continue with UPA government’s well accepted Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and Land Acquisition acts will continue under Modi’s leadership. The new Minister of Rural Development, Gopinath Munde took charge of Rural [...] Continue Reading »
The new government coming to power led by Narendra Modi will have to make a decision whether there should be certain amendments made towards the Land Acquisition Act of 2013. The decision is vital because land purchasing can become much more difficult as the prices will be increased four times. This is because infrastructure and [...] Continue Reading »
The department of industrial policy and promotion (DIPP) secretary Amitabh Kant on Wednesday stressed on the need for amending the existing Land Acquisition Act stating that it has become difficult to acquire land for construction of roads, ports and creating other infrastructure under the act. He points out that a lot of projects have been [...] Continue Reading »
