
or
The Land Acquisition Act, 1894 was introduced by the British Government and is in force with several amendments, which is severely outdated and does not find much practicality in today’s era. The Act can be categorised as weak and ineffective and draconian. In the words of the Justice Ganguly, “The purpose of the land acquisition was being defeated. The poorest man in society should benefit in the public interest but you [State] are responding in such a way that the poor are driven out.”
Due to unreasonableness of law, many disputes like housing projects in Noida & Noida Extension, POSCO project in Orissa, Land acquisition by Vedanta in Jharkhand and Orissa etc. are subsisting in various Courts. In one of the above cases, Supreme Court observed that the Land Acquisition Act, 1894 ought to be scrapped as it is a “fraud” devised by some “sick people”. In view of these disputes, controversies and issues raised by farmers over acquisition of their land, the Centre has decided to bring in a new legislation with a focus on farmers’ welfare, and Ministry of Rural Development has introduced draft of The National Land Acquisition and Rehabilitation & Resettlement Bill, 2011 and the same is placed in the public domain for public comments; and after due discussion in appropriate forum, the Bill will be introduced in the Parliament. However, the Bill is in public domain and most certainly has the potential to be instrumental in regulating one of the most unregulated and attention needy social sector of the country. However, in the context of numerous instances of corruption, malpractices and administrative red-tapism, the big question seems to be “How effective is the regulator going to be?” which of course will only be answered once the Act comes into effect.
Nevertheless, the Bill has many positive aspects, taking utmost care of the farmers and common man, like:
Irrespective of many positive facets of the Bill, there are still certain grey areas, which need to be considered, for an appropriate land acquisition policy, for instance:
Amiya Ranjan Nayak is a Partner with Kaden Boriss, Legal and Business Strategists. As a Corporate and Commercial Lawyer, he handles Regulatory, Advisory, Compliance & Documentation services pertaining to Real Estate laws like due-diligence, development, acquisition, disposition, leasing, financing, zoning and land use, etc. besides the services relating to Corporate, Commercial and Cross boarder investment laws.
Lex Witness Bureau
Lex Witness Bureau
For over 10 years, since its inception in 2009 as a monthly, Lex Witness has become India’s most credible platform for the legal luminaries to opine, comment and share their views. more...
Connect Us:
The Grand Masters - A Corporate Counsel Legal Best Practices Summit Series
www.grandmasters.in | 8 Years & Counting
The Real Estate & Construction Legal Summit
www.rcls.in | 8 Years & Counting
The Information Technology Legal Summit
www.itlegalsummit.com | 8 Years & Counting
The Banking & Finance Legal Summit
www.bfls.in | 8 Years & Counting
The Media, Advertising and Entertainment Legal Summit
www.maels.in | 8 Years & Counting
The Pharma Legal & Compliance Summit
www.plcs.co.in | 8 Years & Counting
We at Lex Witness strategically assist firms in reaching out to the relevant audience sets through various knowledge sharing initiatives. Here are some more info decks for you to know us better.
Copyright © 2020 Lex Witness - India's 1st Magazine on Legal & Corporate Affairs Rights of Admission Reserved