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 »
Clearing the decks for land acquisition under the UPA-enacted land acquisition law, the NDA government has notified the rules for its implementation. The new rules notified last month, while bringing clarity in the process of social impact assessment and reducing the scope for litigations, also addresses some of the concerns of the industry. Under the [...] Continue Reading »
Giving an impetus on increase in industrialization process State Government has asked officials to simplify the land acquisition process so that the private investors could get land easily without any hassle. The need of the hour is to simplify the land acquisition process for industrial units and for that all the development authorities should develop [...] Continue Reading »
Road transport and highways minister Nitin Gadkari on Monday said his ministry was reviewing a proposal to further ease the exit policy for the sector, as demanded by the highway builders’ association and supported strongly by the National Highways Authority of India. The move comes after NHAI chairman RP Singh wrote to Vijay Chhibber, secretary [...] Continue Reading »
Two months after chief minister Oommen Chandy promised to speed up land acquisition for the Amballoor electronic park, the state government has not issued the order to Kerala State Industries Development Corporation (KSIDC), which has been entrusted with the task of purchasing land directly from landowners. The government had decided to involve KSIDC in acquiring [...] Continue Reading »
The Finance Minister Arun Jaitley on Saturday assured the investors that the government was committed to taking business-friendly measures. This was done a day after the official data showed the economic growth in the first quarter of the current financial year was better than expected. He suggested these steps, such as increasing the cap on foreign investment in insurance and [...] Continue Reading »
The draft of the new bill on land acquisition was released by Rajasthan on Monday. The draft retains a few aspects of the previous Congress-government version and has eased up and scrapped several key components. The new bill has done away with the clause to seek consent from the landowners for infrastructure projects undertaken by [...] Continue Reading »
The land act has been in muddy waters ever since it was passed by the erstwhile UPA government. The Centre led by the NDA government is likely to set up a specialized agency to chart the resettlement and rehabilitation plan for families displaced by land acquisition. The agency, tentatively called the `R&R Board’, will take [...] Continue Reading »
The government on Thursday said that the poor performance of the highways sector in the last two years is due to the factors relating to tolling issues, lack of equity with the developers and delays in the land acquisition process. Road transport and highways minister Nitin Gadkari told the Lok Sabha that the government has [...] Continue Reading »
Post its resistance to the Insurance Bill, the Indian National Congress has now been making plans to rope in other Opposition parties against the Modi government’s plans in order to amend the land acquisition law. Sources said that the Congress which was successful in delaying the passage of the Insurance Bill with the help of [...] Continue Reading »
