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Wednesday, December 31, 2014

Land Acquisition Ordinance Gets Presidential Assent Wednesday Dec 31,2014

 
The ordinance on Land Acquisition Act envisaging procuring land for industrial corridors, rural infrastructure, defence and housing on Wednesday Dec 31,2014  received Presidential assent.

The ordinance was cleared by Union Cabinet on Monday December 29,2014 and sent to the President for his clearance and when asked, President's Press Secretary Venu Rajamony said "the President has signed it."

The ordinance makes significant changes in the Land Acquisition Act including removal of consent clause for acquiring land for five areas -- industrial corridors, PPP projects, rural infrastructure, affordable housing and defence.

Under the amended Act, 13 legislations, including those relating to defence and national security, to provide higher compensation and rehabilitation and resettlement benefits to farmers whose land is being acquired have been brought under the Centre's purview.

Under the amended law, the mandatory "consent" clause and Social Impact Assessment (SIA) will not be applicable if the land is acquired for five purposes.

These include,national security, defence, rural infrastructure including electrification, industrial corridors and building social infrastructure including Public Private Partnership (PPP) where ownership of land continues to be vested with the government.

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