In
the past few days, since the Land acquisition bill has been passed, there has
been a lot going on as a result of the reaction to it. We at AAMANI SPACES
bring for you the detailed account that will help you understand the finer
nuances of the act and how and where it does affect you, if you are a land
owner or aiming to be so.
The government has decided to introduce an ordinance to make major changes in the existing Land Acquisition, Rehabilitation and Resettlement Act 2013. It is in many ways aimed to be a course correction after the Act passed by UPA was deemed as restrictive by industry bodies.
Let
us start with the basics where we tell you what it means and what the basic is
and context for such bill. After all BEST LAND INVESTMENT for you is what we
aim for.
Basics & Context:
Land acquisition refers to the process where a government acquires land from land owners for any purpose. Generally, the purpose is related to development projects conducted either by PSUs (Public Sector units) or the private sector.
Prior to the passage of this Bill (and it is yet to become an Act), we had the Land Acquisition Act of 1894 which was imposed in India since the time of British rule. Under this Act, the government could acquire any land as it wishes to, in the name of "public purpose".
Land acquisition refers to the process where a government acquires land from land owners for any purpose. Generally, the purpose is related to development projects conducted either by PSUs (Public Sector units) or the private sector.
Prior to the passage of this Bill (and it is yet to become an Act), we had the Land Acquisition Act of 1894 which was imposed in India since the time of British rule. Under this Act, the government could acquire any land as it wishes to, in the name of "public purpose".
The British had never defined the words
"public purpose" in a straightforward manner, which meant that in
theory as well as in practice, a government could acquire land for any purpose
they wanted, and term their purpose "public purpose".
After independence, this practice continued whereby Indian governments, both at the central and at the state level, acquired large amounts of land for various kinds of development and infrastructure projects, such as roads, highways, ports (air and sea), power projects (thermal, hydro and nuclear) etc.
After independence, this practice continued whereby Indian governments, both at the central and at the state level, acquired large amounts of land for various kinds of development and infrastructure projects, such as roads, highways, ports (air and sea), power projects (thermal, hydro and nuclear) etc.
During 1947 till 1991, most of these
acquisitions had been done by agencies or units in the public sector. After
1991, when liberalization had taken place, most of the land acquisition was
done by the government to provide land for the private sector, either for
private sector projects (infrastructure projects like power, roads etc.) but
also for housing projects.
On
account of protests over the years against many such development projects, like
against Tehri Dam, Sardar Sarovar dam, Singur or Nandigram, and many others
which failed in preventing land acquisition, there were growing demands from
not just the activists, but also to an extent from the corporates for a
transparent and accountable land acquisition process so that while the people
could get adequate compensation and would be suitably rehabilitated, corporates
do not have to face delays on account of protests against land
acquisition.
And it is in this context that the Land Acquisition Act (2011) was introduced, and finally passed in the Lok Sabha on 29th August 2013.
And it is in this context that the Land Acquisition Act (2011) was introduced, and finally passed in the Lok Sabha on 29th August 2013.
In
the coming parts we will analyse the highlights of the bill and also see if
these have pros and cons attached to them. We at AAMANI SPACES ensure that you
get the BEST INVESTMENT IN INDIA with proper knowledge and understanding.
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