prasad1
Active member
According to a confidential government paper seen by Reuters, several states want to do away with obtaining landowners’ consent altogether in some cases and to cut through red tape which they say holds up development.
Restrictions to buying land, strengthened under the last Congress government, are among the biggest barriers to projects that include a proposed high-speed rail network championed by incoming Prime Minister Narendra Modi.
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Demand for land in densely-populated India has led to increasing tension between investment needed to create jobs for the one million people who enter the workforce each month and the interests of farmers and tribal communities.
The land purchase law enacted by the last government sets compensation to landholders at four times the market price and requires the approval of 80 per cent of landowners for any deal. It also requires a social impact study involving public hearings - procedures that industry executives say can drag out the acquisition process for years.
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The laws were tightened last year to prevent the government taking land from farmers, tribes and small communities, which proponents of the changes said violated their rights and dated back to the colonial era.States seek easier land sales in reform challenge for Modi
I do not own any property in India. I feel that the landowner should be reasonably compensated.
Reasonability is difficult to define.
Restrictions to buying land, strengthened under the last Congress government, are among the biggest barriers to projects that include a proposed high-speed rail network championed by incoming Prime Minister Narendra Modi.
.............
Demand for land in densely-populated India has led to increasing tension between investment needed to create jobs for the one million people who enter the workforce each month and the interests of farmers and tribal communities.
The land purchase law enacted by the last government sets compensation to landholders at four times the market price and requires the approval of 80 per cent of landowners for any deal. It also requires a social impact study involving public hearings - procedures that industry executives say can drag out the acquisition process for years.
................
The laws were tightened last year to prevent the government taking land from farmers, tribes and small communities, which proponents of the changes said violated their rights and dated back to the colonial era.States seek easier land sales in reform challenge for Modi
I do not own any property in India. I feel that the landowner should be reasonably compensated.
Reasonability is difficult to define.
