revise the provisions of the Land Acquisition Bill
The Modi Govt’s election agenda was based on improving infrastructure, real estate and manufacturing and removing bottlenecks for all the stuck projects. It was observed that about Rs 60,000 crore worth of projects are stalled due to the delays in land acquisition. Transport Minister Nitin Gadkari is all set to make amendments in the Land [...] Continue Reading »
The Rural Development Ministry sought to address the apprehensions of industries and infrastructure sectors surrounding the controversial land acquisition bill. The ministry highlighted that the requirement of consent of all for acquiring land has been diluted and a new provision will apply prospectively and not retrospectively. The Ministry has come out with a statement that [...] Continue Reading »
The Centre and States have agreed to revise the provisions of the Land Acquisition Bill after considering the concerns of industry. State Chief Secretaries and Principal Industry Secretaries have met and arrived at a consensus that provisions in the Bill need to be reworked to boost manufacturing sector. The crucial issues where emphasis is to [...] Continue Reading »
