Group of Ministers
After the announcement of polls on Wednesday, the urban development minister wants the Group of Ministers (GOM) to take decision whether Delhi Metro Rail Corporation (DMRC) should terminate the payment to the private firm that was walked out of Airport Metro project. The minimum payment would be Rs 900 Crore in case the GOM takes [...] Continue Reading »
The draft Land Acquisition Bill which was recently cleared by a group of ministers will be placed before the cabinet at the time of winter session. The proposed new draft bill was rechristened as the Right to Fair Compensation, Resettlement, Rehabilitation and Transparency in Land Acquisition Bill will not only make the land acquisition more difficult [...] Continue Reading »
Delegation of Delhi farmers has met Union Rural Development minister Jairam Ramesh to convey their disappointment on the systematic watering down of a draft of the Land Acquisition Bill by the Group of Ministers. More than 300 special economic zones have come up on the fertile land of the farmers and they are not been [...] Continue Reading »
India Inc is unhappy with the Land Acquisition Rehabilitation and Resettlement Bill 2011 cleared by the Group of Ministers (GoM) fearing that projects costs may soar due to high land price, and cumbersome acquisition procedures. Rajeev Talwar, executive director of DLF said the Bill could affect business badly adding that projects costs will soar if [...] Continue Reading »
The long delayed controversial Land Acquisition Bill was cleared by the Group of Ministers (GoM) and will introduce in the Parliament. About two third of the land loser’s consent is being proposed in the final draft in order to purchase the land for public-private-partnership and private projects. The bill will be introduced in Parliament, possibly in [...] Continue Reading »
