![]() The Right To Fair Compensation And Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (2015 Bill) was introduced in Parliament on February 24, 2015 amidst a lot of protests of it being anti-farmer and pro industrialist. The 2015 Bill seeks to simplify the complex and stringent land acquisition process as introduced under the Right To Fair Compensation And Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (2013 Act). 2015 Bill
The 2013 Act
Prior consent from 70 percent and 80 percent of the people affected due to public private partnership projects and private companies projects, respectively is required to be obtained. This consent also includes consent to the amount of compensation that shall be paid. Impact The 2015 Bill only simplifies the procedure to acquire land for selected projects: the rate of compensation paid to the affected families remains the same as provided for in the 2013 Act i.e. four times the market value if the land is situated in a rural area and two times the market price if the land is situated in an urban area.
Conclusion |
Clasis Law
1st Floor, Bajaj Bhawan, 226, Nariman Point
Mumbai – 400 021, India
Tel: (91) 22 4910 0000 / Fax: (91) 22 4910 0099
Email:
mustafa.motiwala@clasislaw.com
apeksha.amin@clasislaw.com
Website: www.clasislaw.com

