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Assocham proposes changes in Land Acquisition Bill

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Industry body Assocham today said the proposed land acquisition law should have a provision of government assistance for acquiring 100 per cent of land requirement by the private sector for a project if two-thirds of it is already acquired.
In a communication to Rural Development Minister Jairam Ramesh, the chamber said the suggested provision should be applicable even to the projects which are defined as other than public purpose.
"(It should be applicable) provided where a private company after having purchased minimum 75 per cent of the land needed for a project, other than public purpose, seeks the intervention of the appropriate government to acquire the balance of the land," it said.
It said when private companies are buying land through private negotiations there are some "social and political miscreants" due to which the remaining part of land cannot be procured.
In such cases, it said appropriate government authority intervention and support is required to facilitate the projects.
The chamber said that big projects like cement, steel, auto and and fertiliser plants require large tract of land but they do not necessarily come under the category of public purpose.
Group of Ministers on Land Acquisition Bill, headed by Agricultural Minister Sharad Pawar, had approved the proposed legislation with changes last month.
Recently, Ficci too has asked the government for a relook at certain clauses of the proposed Bill such as role of state governments and the entitlements for the private sector, prior to placing it before the Cabinet for approval.
Source: Financial Express

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