New Land Acquisition Act is pro people, but not anti-industry : Jairam Ramesh Minister seeks cooperation of state governments in better implementation
New Land Acquisition Act is pro people, but not anti-industry : Jairam Ramesh Minister seeks cooperation of state governments in better implementation Mumbai / September 29, 2013 Union Minister for Rural Development Jairam Ramesh today allayed the fears expressed by the Indian industry that the new Land Acquisition Act would make projects economically unviable. Addressing a Press Conference in Mumbai on Sunday , Mr. Ramesh said the new act applies only to the land acquired by Central and State authorities for any public purpose, while there is no bar whatsoever, on purchase of private land. He said “industry must look beyond land acquisition by Government and explore land purchase opportunities. In fact, in 20 years from now , there should only be land purchases and no land acquisition”. Reiterating his stand that land acquisition should become an act of last resort, Mr. Ramesh said his Ministry has been working towards im...