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Assocham suggests amendment in proposed Land Acquisition Bill

06 Nov 2012 Evaluate

Assocham, the Industry body, has asked for changes in the proposed land acquisition law that it should have a provision of government assistance for acquiring 100 percent of land requirement by the private sector for a project, if two-thirds of it is already acquired. The Industry body in a written communication to the Rural Development Minister Jairam Ramesh has suggested that the provision should be applicable even to the projects which are defined as other than public purpose.

Further, Assocham also said that when private companies are buying a minimum of 75 percent of land through private negotiations other than public purpose should seek intervention of the concerned government to acquire the remaining land.

 The provisions of the act apply when the government acquires land for its own use or for the use of private companies for public purpose and does not apply for the use of private companies other than public purpose. This implies that Government encourages private companies to purchase land through private negotiations with land owners wherever the land is used for other than Public purpose.

Moreover, the provisions of the act relating to rehabilitation and resettlement are applicable for such private companies who are acquiring land through private negotiations. The ASSOCHAM said it welcomes such proposal and industry shall be happy to support Government’s endeavour in this direction.

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