Releasing a report on manufacturing sector in India, Venugopal Dhoot, promoter of Videocon and past president of Assocham, said state governments should restrict their roles only to infrastructure-related issues and manufacturers should themselves talk to farmers on land acquisitions. He said the formula of employment, equity and money should be used to compensate farmers and if they wanted land for land, they should be given that.
Land laws in India need not be archaic, say experts.
The Land Acquisition Bill, passed by Parliament during the Monsoon Session to replace a 119-year-old legislation, became a law with President Pranab Mukherjee giving assent to it on.
Ahead of a meeting of Group of Ministers, the rural development ministry sought to allay apprehensions of industries and infrastructure sectors over the controversial land acquisition bill, contending that the amendments in the legislation are investor-friendly.
Land acquisition for the proposed Kannur Airport could not take off even three months after the Kerala government according administrative sanction to acquire 2,000 acres, mainly due to 'shortage' of senior officials.
The Delhi Cabinet on Monday decided to increase the rates of land acquisition in the capital by 12 to 13 per cent.\n\n
It has suggested a provision for setting up land bank corporations to facilitate acquisition and disbursement of land for industrial use.
Bengal govt invokes Acquisition Act to buy land for railways near Singur.
If approved, the fighters would help the IAF to build its reducing squadrons, especially after the MiG-21 was decommissioned last year.
Ten betel vine plantations were dismantled in the first few hours without any resistance from locals, official sources said, adding that payments would be made soon.
The plan asks private parties to buy project land directly from farmers, with the government stepping in to acquire only the final 30% required after 70% has been sold by farmers of their own free will.
Amid tension in proposed Posco plant area where three anti-project activists were killed on Saturday night while allegedly making bombs, Odisha government on Sunday resumed land acquisition for the mega steel project.
Farmers too will get better deals
The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
The meeting took place in the backdrop of recent spat between West Bengal Pradesh Congress Committee president Manas Bhuiyan and a number of TMC leaders on the Rajarhat land issue.
Apart from land owners, both Bills give rights of compensation to tenant farmers, agricultural labourers and even non-agricultural labourers whose livelihood will be impacted by the acquisition of land and displacement.
The Tata Sons board has deferred a decision on the re-appointment of Natarajan Chandrasekaran as Chairman, signaling potential differences within the group. Concerns were raised about losses in certain group companies and the listing of Tata Sons.
Foreign investors consider land acquisition in India as a high risk transaction because there is no comfort of title insurance to protect their financial interest in immovable properties, according to an expert agency.
Promising various sops for the agriculture sector, the Samajwadi Party on Friday released its manifesto for Uttar Pradesh assembly elections proposing a ban on land acquisition except in urgent circumstances.
The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.
India may adopt a "calibrated" and a "step-by-step" approach to easing norms on investments originating from China, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. He was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026. The minister said foreign direct investment (FDI) from China was certainly not "banned", but it goes through an approval process. "The government's approach at the moment is to accelerate the approval process."
Land acquisition for special economic zones has been a major bone of contention across the nation.
Need for consent of affected families and social-impact assessment could go.
As a controversy rages over land acquisition in Uttar Pradesh, the Centre on Thursday said it has plans to introduce a bill in this regard in the next session of Parliament as there appears to be consensus on the issue.
The stalled Land Acquisition Bill should be completely overhauled, says Pranab Bardhan.
The nation wants an ex-ante body for endorsing "public purpose" during land acquistion process.
Prime Minister Narendra Modi on Sunday charged the Trinamool Congress government with 'playing with national security by protecting infiltrators' for vote-bank politics, and said ending the ruling party's 'maha jungle raj' was vital to restore law and order, development and investor confidence in the state.
The definition of affected family includes farm labourers, tenants, sharecroppers and workers in the area for three years prior to acquisition.
With the Centre clinching a "broad consensus" on the contentious Land Acquisition Bill, the Trinamool Congress, which did not attend the meeting, said it was opposed to many provisions of the Bill. "There is talk of reaching a broad consensus on the issue, which is not true," said Trinamool Congress leader in Lok Sabha Sudip Bandhopadhay.
A picture has been created that present government is anti-farmer, which is absolutely wrong, says BJP MP Bhupender Yadav.
The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).
Amid a raging controversy over land acquisition, the government on Friday unveiled a new draft Bill putting in place a transparent, legal framework aimed at giving adequate compensation to land owners and ensuring rehabilitation of those displaced.
Over 80 personnel from the Jagatsinghpur district administration and Industrial Infrastructure Development Corporation were engaged for the land verification work conducted with the help of global positioning system.
One of the most prickly nettles for governments in India today is land acquisition for industry.
State-owned Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30-40 per cent stake in its upcoming greenfield refinery in Andhra Pradesh, with Gulf energy major Saudi Aramco and upstream player Oil India Ltd (OIL) likely to join as partners, a senior BPCL executive said.
The controversial Land Acquisition Bill is set for further delay as its consideration was on Tuesday deferred by the Lok Sabha till the next session bowing to the wishes of opposition members.
If the the Amendment Bill to the Land Acquisition Act and the Rehabilitation and Resettlement Bill are enacted, it will not only help in better implementation of infrastructure and industrial projects, but also safeguard the interests of the farmers. That is because both the Bills contain clear guidelines to be followed while acquiring land, like the compensation package and the quantum of land to be acquired.
The Bill will be tabled in the winter session of Parliament later this year.
Not all ministers are on board on certain critical provisions, want revision.
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