President Pranab Mukerjee Gives Assent to the '' Land Acquisition, Rehabilitation and Resettlement Bill, 2013 '' Friday Sep 27,2013

The Land Acquisition, Rehabilitation and Resettlement Bill, 2013, passed by Parliament during the Monsoon Session to replace a 119-year-old legislation, became a law with President Pranab Mukherjee giving assent to it on Friday Sep 27,2013

“The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013 has received the assent of the President of India,”  Law Ministry statement said

Note
The  Land Acquisition, Rehabilitation and Resettlement Bill, 2013' was passed in the Lok Sabha on Aug 29,2013

The   Land Acquisition, Rehabilitation and Resettlement Bill, 2013 was passed in the Rajya Sabha on Sep 04,2013

The 'Land Acquisition, Rehabilitation and Resettlement Bill, 2013 will replace the Land Acquisition Act,1894, a nearly 120-year-old law enacted during British rule

The '' Land Acquisition, Rehabilitation and Resettlement Bill, 2013l '' -
1)stipulates mandatory consent of

• at least 70 %  for acquiring land for Public Private Partnership (PPP) projects and
•  80 % for acquiring land for private companies.

2)provide fair compensation to those whose land is taken away
3)brings transparency to the process of acquisition of land