-The Hindu The recent ordinance amending the Land Acquisition Act has exempted several categories of projects from the requirements of owners' consent and social impact assessment before acquiring land. Officials, however, say norms are yet to be worked out to ensure that only the bare minimum of the land required is acquired. The Act excluded private hospitals, educational institutions and hotels from the category of infrastructure projects. Under the ordinance, public-private projects...
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No end to battle over land -Anumeha Yadav
-The Hindu When the National Democratic Alliance government amended the land acquisition Act through an ordinance last week, it promised to set farmers and industry on an amiable path to mutual benefits and development. Land acquisition under the 1894 Act had been marked by violent protests, even police firings at farmers. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (LARR) Act, 2013, is the first law on...
More »Clauses on land return, action against officials diluted -Nitin Sethi
-Business Standard The National Democratic Alliance (NDA) government's land ordinance, approved by the President on Wednesday, has made several amendments to the original law rather quietly. Changes in the retrospective clause of the Bill are important but did not attract enough attention when the ordinance was approved by the Cabinet. In the original 2013 law, if compensation had not been paid for over five years to landowners or the land had not been...
More »Are SEZs Specially Useless Zones? -Pravakar Sahoo
-The Hindu Business Line The CAG report details how these have neither helped industrial development nor boosted the economy Nearly a decade after the special economic zones Act was brought into force, it is evident that the move has not helped industrial development. After examining SEZs in terms of background and objectives, fiscal incentives and facilities, approval process and administration, as well as life cycle, State-wise distribution and overall performance, parts of a...
More »Rs 83,000 crore revenue lost on SEZs in 6 years -Pradeep Thakur
-The Times of India NEW DELHI: More than 50% of land allotted to special economic zones (SEZs) across the country remains idle, and its very purpose was defeated with no significant increase in employment even as the government's revenue foregone was to the tune of Rs 83,000 crore between 2007 and 2013, the comptroller and auditor general (CAG) has found. Exposing systemic weaknesses in tax administration, a performance audit on SEZs by...
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