The 2011 Land Acquisition and Rehabilitation and Resettlement Bill on land acquisition recently tabled in Parliament is well-intentioned but seriously flawed. Its principal defect is that it attaches an arbitrary mark-up to the historical market price to determine compensation amounts. This will guarantee neither social justice nor the efficient use of resources.
Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/land-acquisition-bill-critique-and-proposal
[2] http://admin.indiaenvironmentportal.org.in/category/author/maitreesh-ghatak
[3] http://admin.indiaenvironmentportal.org.in/category/author/parikshit-ghosh
[4] http://admin.indiaenvironmentportal.org.in/category/journal/economic-and-political-weekly
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-acquisition
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/legislation
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/compensation
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/agriculture
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/farmers
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/conflicts
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/private-sector
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-act-1894
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-rural-development
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/infrastructure-development
[16] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[17] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-rural-employment-guarantee-act-nrega