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Tag: Land Acquisition Bill
Unravelling growth
At 4.87 million km, India has the second largest road network in the world. Transporting over 60 per cent of the country´s goods and serving 85 per cent of total passenger traffic, it is little wonder the Modi Government has accorded the highest priority to developing roads and highways.
Land acquisition and MOEF clearances have held up projects
Roads and highways sector has observed a significant growth over the past few years compared to the other heavy civil engineering sectors such as power and water. The growth has come, especially in the EPC mode of the business, whereas PPP and annuity based projects have also witnessed a few bids.
Bridging the trust deficit
The Land Acquisition Bill continues to be a serious political issue, under hot debate. The issues of right proportion of landowners who agree to sell their land, and the multiple of market prices that is appropriate, are primarily political issues, and may have limited economic basis to resolve.
Extend ´plug-and-play´ model beyond power sector
The intent as stated in the Bill is the right to fair compensation and transparency in land acquisition and to ensure rehabilitation and resettlement for smooth execution, which is seen to be at fair value for both the parties.
Land Acquisition Bill is not against industrialisation
Union Minister for Rural Development Jairam Ramesh said that the new Land Acquisition Bill is not against industrialisation and urbanisation as there is no bar on purchase of private land. He said the new Act renamed as the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013 will come into force only in such cases where the land will be acquired by Central or State Authorities for any public purpose.
Thus spake the industry
The land acquisition bill would lead to further holding up of the infrastructure projects where many projects are already languishing due to the failure of authorities to acquire the necessary land for development.
RBI policy rates by itself may not improve viability of projects
Tata Strategic Management Group provides management consultancy solutions to clients across multiple industry sectors in order to create competitive advantage and sustain superior performance.
Action points to pull SEZs out of the doldrums
One needs to clearly distinguish between small format SEZs and large format multi-product SEZs, What started as a mad rush to have Special Economic Zones (SEZs) in business portfolio has today become
Expanding Public Purpose definition is critical
Even before a parliamentary panel form sought critical changes that could thwart the industry, the Land Acquisition Bill, now planned for the monsoon session of the Parliament, needs to change several thorny clauses including a definition of public purpose
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