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Odisha restarts land acquisition for Posco -Sandeep Mishra

-The Times of India BHUBANESWAR: The Odisha governmentresumed land acquisition for the proposed Poscosteel plant in Jagatsinghpur district on Sunday, a day after three people were killed in a bomb blast in the project area. Official sources said government representatives demolished three betel vines at Gobindapur village, restarting land takeover after about a month. The work was done amid the deployment of about a dozen platoons of security personnel. Jagatsinghpur collector...

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Land Acquisition Bill to re-enter with 157 changes -Nitin Sethi

-The Times of India The UPA government is likely to reintroduce the Land Acquisition Bill with a mammoth 157 amendments in the budget session of Parliament. Out of the 26 'substantive' measure the government plans to push through includes a provision that in case of acquisition for urbanization purposes, 20% of the developed land would be reserved and offered to the original owners at a price equal to the cost of acquisition...

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Will budget offer a remedy for the creaking infrastructure? -Sujay Mehdudia

-The Hindu India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Developing the sector will help to create jobs and result in higher economic growth The Gross Domestic Product (GDP) is likely to grow 5.5 per cent and the economic slowdown shows no sign of halting. India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Spurring...

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People, The Real Estate-Pragya Singh

-Outlook A new Land Acquisition Bill readies for budget session. How will it fare? Bill Of Blights     Defines “public purpose” too broadly, allows govt to acquire land for PPPs     Less landowner consent required for PPPs than private-only projects     The bill’s compensation norms likely to face strict challenges in the courts     States have been given R&R powers but could lead to arbitrary outcomes     Doesn’t consider govt projects where compensation, R&R are neglected *** The...

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