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Jharkhand okays rehab policy [1]

THE Jharkhand cabinet on late Wednesday cleared the much-awaited rehabilitation & resettlement (R&R) policy. This paves the way for kicking off a spate of mega steel and power ventures that have been hanging fire for years. A significant feature of the R&R policy is that the investors will have to distribute 1% of the annual net profit of the project among affected families every year. Also, the requiring body (read: investor) will have to spend 1% of their annual net profit for community development.

Publication Date: 
18/07/2008
Economic Times (New Delhi) [2]
Tags:
Land Acquisition [3], Rehabilitation [4], Jharkhand [5], Ranchi (D) [6]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/jharkhand-okays-rehab-policy

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/jharkhand-okays-rehab-policy
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-acquisition
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rehabilitation
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/jharkhand
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ranchi-d