The Union cabinet has approved the Land AcqÂuisition Bill. In the redefined version, a rider has been added that urban projects should be meant for production of goods or services for public. The new Land AcqÂuisition Bill is meant to allow comÂpanies to develop townÂships and urban projects. This keÂeps open the window for real estate compaÂnies to approach the State or the CenÂtral goverÂnment to help them in acqÂuiring land. The changes also take into accÂount the huge reqÂuireÂment that will be thrÂown up by the goveÂrnment-owned Delhi-Mumbai Corridor InduÂstrial DevelopÂment CorÂpoÂraÂtion to acquire land. The chaÂnges are part of the amendÂments to the proÂposed 'National Land AcquiÂsition and RehaÂbilitation and ResettleÂment Bill 2011.' The changes by Jairam Ramesh incÂorporate the suggestions maÂde by industry bodies CII and FICCI, state governments and civil society organisations. The Bill has also hiked the compÂeÂnsation given to project affeÂcÂted people from Rs 2 lakh to Rs 5 lakh when the industry is unaÂble to proÂvide employment to persons concerned.