NLC to pay Rs 5 lakh per acre of land acquired
NLC to pay Rs 5 lakh per acre of land acquired
In a major breakthrough, the district administration has solved a long-pending land acquisition problem plaguing the public sector Neyveli Lignite Corporation. Collector Rajendra Ratnoo has achieved this feat here today at a daylong marathon tripartite meeting, involving revenue officials, NLC management and people affected by the land acquisition. As per the agreement, the NLC management has come forward to distribute Rs 5 lakh per acre of land as compensation to the affected people. People in the peripheral villages were protesting against the NLC move to acquire land in the region where NLC had been distributing a compensation of Rs 80,000 and above for an acre. They wanted the NLC to hike the compensation as land value had increased significantly. Residents had demanded that the State Government intervene and had staged agitations on sever al occasions. Many rounds of talks between the NLC management, local residents and district administration were conducted but in vain. The president of the Federation of Cuddalore District Farmers Associations V Venkatapathi and secretary Karmangudi S Venkatesan have expressed deep gratitude to the district administration for solving the vexed issue pending for over a decade. Among others DRO Natarajan, 18 representatives from 14 peripheral villages and NLC officials including DGM (Land Acquistion) Palani have participated. TRADE UNION POLL:The stage has been set for a major battle among trade unions in the public sector Neyveli Lignite Corporation (NLC) on Feb 28.