Land Acquisition Bill - Read the salient features here

New Delhi, Sept 6: With the landmark Land Acquisition Bill

, the contentious issues in relation to farmers and acquiring land for industrial units and developmental projects hopes to get some clarity.

With the Bill successful in proving to be beneficial to the interest of the farmers, parts of the Bill is helpful to the needs of infrastructural development and needs of urbanisation.

The salient features of the proposed new Land Bill -

- 80% of land owners need to approve conceding their land for a project. The only exception being that the same is not required if the land is being utilized for public purposes. Public purpose is defined in the Bill as land used for strategic purposes, infrastructure and industry.

- The bill also states that public consent is not required for ports, canals, highways and railway projects.

- Consent is not compulsory if the land is acquired by the government for its own use.

- Mentioning the compensation to be provided, the Bill has stated that the land owners has to be provided with four times the market value of land if it is located in rural areas and two times the value in urban areas.

- A subsistence allowance of Rs 3000 per family has to be paid for a year per month while an annuity of Rs 2,000 per family per month for 20 years.

- Displaced individuals to be given a compensation of Rs 5 lakh.

- Different land acquisition norms for rural and urban areas.

- Compensation to be provided within three months of acquisition.

- States to have their own respective land acquisition laws.

- Urgency Clause to be invoked in rare cases like acquiring land for national defence.

OneIndia News