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Home > News > Land acquisition to get easier for cos, payout cut to four times market value > Land acquisition to get easier for cos, payout cut to four times market value

Land acquisition to get easier for cos, payout cut to four times market value [1]

The Bill provides for acquisition of 5% of multi-crop land in a district as a 'last resort', with the rider that an equal area of wasteland within the district will have to be developed. Earlier, rural development minister Jairam Ramesh had opposed acquisition of multi-crop land for industrial purposes.

Publication Date: 
06/09/2011
Financial Express (New Delhi) [2]
Tags:
Ministry Of Rural Development [3], Land Acquisition [4], Compensation [5], Land Act 1894 [6], Crops [7], Special Economic Zones (SEZ) [8], Industry [9], Land [10]

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Source URL: http://admin.indiaenvironmentportal.org.in/news/land-acquisition-get-easier-cos-payout-cut-four-times-market-value

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/land-acquisition-get-easier-cos-payout-cut-four-times-market-value
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-rural-development
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-acquisition
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/compensation
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-act-1894
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/crops
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/special-economic-zones-sez
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land