Reports suggest that the government plans to double the offer to landowners who sell land for private projects. AccÂording to a provision, which may be included in the revised land bill, land owners may be offered 40 per cent (instead of the earlier 20 percent) of deveÂloped land (in proportion to what they lost and at a price equal to the cost of acquisition and development). This might be doubled in the version to be presented in Parliament.
However, farmers and land owners associations are not satisfied with this move. This is because in case the project affected family wishes to avail of this offer, an equivalent amount will be deducted from the land acquisition compensation, the Bill in its original version says.
Madhuresh Kumar of the National Alliance of PeopleÂ’s Movements says if 40 per cent of developed property is reserved for farmers, it does not mean the farmers who lost their livelihoods can now earn from this property. It only means a farmer would have to spend all the compensation cash to buy a small piece of the land that had once belonged to him.
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