Friday, 6 March 2015

Land Acquisition Law in Rajasthan to be changed

Land Acquisition Law in Rajasthan to be changed
http://www.gurukripa-properties.com/news.html
After passing the labor law in state the government is focussing now on to change the Land Acquisition Law The government has invited suggestions by August 26 from the general public on the draft of the proposed law, aimed at making the process of acquiring of land faster.
The draft has also proposed stricter penalty and prison terms for those opposing acquiring of land. The penal provisions include a fine of Rs 10,000 to Rs 3 lakh and/or rigorous imprisonment for a period of three to six months. The government plans to introduce the Bill in the next legislative assembly session.
The draft has entrusted district magistrates with key roles in the process of land acquisition, including ascertaining the market value of the land, amount of compensation and other modalities of rehabilitation. It has also proposed a Land Acquisition Authority, to be chaired by a district judge with a minimum of 10 years experience, to be selected in consultation with the chief justice of the high court.
The draft also says a private company cannot sell, transfer, gift or lease out such land without the government’s assent. At the same time, it aims to relax provisions that require consent of two-thirds of land owners of an area and also do away with conducting a social impact assessment study for core infrastructure projects like roads, power lines, bridges and pipelines.
Src- http://www.business-standard.com/article/economy-policy/rajasthan-to-change-land-acquisition-law-114081201071_1.html

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