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अंग्रेज़ी सीखने का अवसर (कक्षा प्रारंभ : 5 अक्तूबर, शाम 6 से 8)
Land Acquisition Act to be implemented from 1 January 2014
Jan 01, 2014

The new Land Acquisition Act, enacted by Parliament in 2013 will come into force from1 Jan, 2014. It will replace a 120-year-old legislation.

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act" stipulates mandatory consent of at least 70 per cent of affected people for acquiring land for Public Private Partnership (PPP) projects and 80 per cent for acquiring land for private companies.

The process for land acquisition involves a Social Impact Assessment survey, preliminary notification stating the intent for acquisition, a declaration of acquisition, and compensation to be given by a certain time.  All acquisitions require rehabilitation and resettlement to be provided to the people affected by the acquisition.

Compensation for the owners of the acquired land shall be four times the market value in case of rural areas and twice in case of urban areas.

In case of acquisition of land for use by private companies or public private partnerships, consent of 80 per cent of the displaced people will be required.  Purchase of large pieces of land by private companies will require provision of rehabilitation and resettlement.

The new law was enacted as the archaic Act of 1894 suffered from various shortcomings including silence on the issue of resettlement and rehabilitation of those displaced by acquisition of land.


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http://www.drishtiias.com/upsc-current-affairs-article-Land-Acquisition-Act-to-be-implemented-from-1-January-2014