farmers losing land in rural areas will get compensation four times the market value of the land and twice the market value in urban areas.
Industry bodies have pointed out that use of land for industry is much more an income-generating activity than for farming and there are large segments of Indian farmland that can be converted into industrial land with a view to setting up job-generating industries.
However, Gadkari, who hinted at a re-look on the law, made it clear that the interests of farmers would not be compromised. “As far as the interest of farmers is concerned, especially compensation, rehabilitation and resettlement, our party and government have already decided we will not compromise (on) any condition related with beneficiaries, particularly farmers,” he said.
BJP-ruled states Chhattisgarh, Madhya Pradesh and Goa had called the new law “anti-progressive”. A positive feature of the new law is that it allows the government to play a facilitator role in acquisition of land for private-sector projects.
A CII spokesperson said: “We have always welcomed the new land acquisition Act as it is the first ever attempt to combine land acquisition process with rehabilitation and resettlement of affected people. While CII has been of the opinion that the quality of lives of affected people should be better post land acquisition, at the same time due consideration should also be given to industry affordability and reducing the overall process of land acquisition, which are on the higher side as per the provisions stipulated in the Act.”
Report on the concerns of the states to be prepared in
10 days and presented to the Prime Minister
No compromise on compensation, rehabilitation and resettlement
Changes to the Act to be discussed in the Cabinet and Parliament if needed
BJP-ruled states say new Land Act has pushed up acquisition costs and impacted small projects