The Union rural development ministry has retained in the draft of an amendment a partial government role in land acquisition for private investors, vetoing the diametrically conflicting views of Mamata Banerjee and a panel headed by Sonia Gandhi. The draft finalised by the ministry to amend the land acquisition act has stuck to the 70-30 formula under which the private investor is expected to buy at least 70 per cent of...
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The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy
Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...
More »Singur imbroglio by Suhrid Sankar Chattopadhyay
West Bengal: Mamata Banerjee moves closer to keeping her promise to return to ‘unwilling' farmers the land given to Tata Motors. WITH the passage of the Singur Land Rehabilitation and Development Bill, 2011, West Bengal Chief Minister Mamata Banerjee got one step closer to keeping the promise made to the people of Singur that she would reclaim the land allocated to Tata Motors and return it to “unwilling” farmers (that...
More »Return of land to Singur ryots announced, later put off by Ananya Dutta
There was high drama on Tuesday evening when it was announced that 12 “unwilling farmers” will receive the titles to land within the Tata Motors small car factory site at Singur by late evening as a start to the process of returning land in the area. The Hooghly district administration, however, asserted that no such move would be initiated on the day. The clarification from the district authorities came shortly after...
More »Dump archaic Land Acquisition Act: SC by Dhananjay Mahapatra
The Supreme Court on Monday told the government to dump the archaic Land Acquisition Act to prevent Nandigram-like violent protests in every state, sounding the warning that it would step in to safeguard public interest if the authorities failed to do the needful. "The perspective has to change. The public purpose clause in the 1894 Act must go. If the government does not do it, then this court has to act....
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