Union Agriculture Minister Sharad Pawar on Saturday expressed reservations about the new Land Acquisition and Rehabilitation and Resettlement Bill, 2011, saying it would in particular pose hurdles in setting up industries and creating new dams.

The Bill was cleared by the Union cabinet in September and has now been sent to the joint legislative committee. Quoting provisions of the Bill, such as the promise to pay five times the market price of land acquired, returning 20 per cent developed land to the owner and job guarantee for next 20 years, Pawar said that the Bill would hamper development work in the country and state. The Bill also provides that there should be 70 per cent consent of land owners for the acquisition and the state can step in for the remaining 30 percent.