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Article

31 Dec 2014

Author:
S. Murlidharan, Firstpost

Land Acquisition ordinance: Will land sharks be biggest beneficiaries of it?

The land acquisition ordinance seeks to exempt industrial corridors along with four other areas of activities from the purview of social impact assessment and mandatory consent -- which is set at 80 percent generally and 70 percent in case of PPP projects -- from the total number of affected people...One does not know for sure whether the term industrial corridor would be defined comprehensively and exhaustively in the ordinance but from the initial reports, it seems the term would not be tightly defined...It is also possible that private initiative may be countenanced for forming industrial corridors subject to case by case approval by government or its instrumentality. Should that be on cards it would be a sure recipe for encore of 2G and coal scams. Both the insurance ordinance as well as the land acquisition ordinances would not culminate in a money bill. In the event, both will have to be passed by the Rajya Sabha as well as the Lok Sabha because it is only with money bills that the Rajya Sabha’s writ does not run.

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