GoM finalises land acquisition bill

Oct 16, 2012 |

IANS

New Delhi

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A Group of Ministers (GoM) on Tuesday finalised the draft of the long-pending Land Acquisition Bill, paving the way for its introduction in the winter session of parliament.

Agriculture Minister Sharad Pawar, who heads the GoM, said the bill draft has been finalised.

"We have finalised the draft," Pawar told reporters.

The bill, which has been renamed the Right to Fair Compensation, Resettlement, Rehabilitation and Transparency in Land Acquisition Bill, has been pending due to differences among ministries on the aspects of the legislation including compensation and percentage of land owners whose consent would be needed before acquisiton, basis of land valuation and sectors to be exempted.

Pawar said the GoM had been able to bring some understanding on issues where there were different views.

The bill had been referred to the GoM by the cabinet after several ministers expressed reservations against provisions seen as hurdles to growth of industry and infrastructure.

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