Skip to main content

Govt could compromise on land Bill 2015

Reconciled to the fact that it will have no option but to cave in to the diktat of the Opposition on the 2015 Land Acquisition Resettlement and Rehabilitation ( LARR) Bill in the Rajya Sabha where it is in a minority, the Narendra Modi- led National Democratic Alliance ( NDA) government is preparing to virtually abandon its own Bill. This could cause even more legislative and policy confusion on land acquisition.

The 2013 LARR was sought to be amended and replaced by LARR 2015, to make land acquisition easier for certain categories of projects, to give aboost to industrial activity. The requirement of social impact analysis (SIA) and consent of land losers was waived for this category. The Lok Sabha passed LARR 2015 and 44 members of the Congress walked out to show they disagreed.

When the Bill came to the Rajya Sabha, the House demanded a panel study it, as even an amended version had been changed substantially by the Lok Sabha. The committee, which has 15 Bharatiya Janata Party members and 15 from other parties, and is headed by the MP from Darjeeling, S S Ahluwalia, is likely to submit its report on Wednesday. Clause- by- clause discussion will begin from Monday.

According to sources in the committee, most BJP members do not have adequate experience on dealing with the finer points of law. The proceedings are dominated by former rural development minister and architect of the 2013 law, Jairam Ramesh, and former Madhya Pradesh chief minister Digvijaya Singh, assisted ably by Trinamool Congress leader Kalyan Bannerjee.

The net result is a substantial dilution of LARR 2015, even the amended version passed by the Lok Sabha.

The Opposition in the committee, for instance, is united that acquired land not utilised for three years should be returned to the land losers. In the 2015 Bill as passed by the Lok Sabha, this period was “ a period specified for setting up the project or five years, whichever was later” ( clause 101).

Some doubts were raised about the word ‘ utilisation’ — should land be deemed to have been utilised if a boundary wall was built? This matter is still under discussion.

Section 46 of LARR 2015 related to extending rehabilitation and resettlement benefits to land owners in case of purchase of land through private negotiations in excess of 100 acres. The government is ready to scrap this.

Industry Secretary Amitabh Kant, who recently deposed before the committee, said the most contentious issue – land required for industrial corridors up to one km on either side of the road – should be exempt from SIA and consent clauses as the land (mostly) belonged to Indian Railways. He said this should never have been in the LARR legislation in the first place.

The government might relent and take industrial corridors out of the purview of the Bill.

Business Standard, New Delhi, 1st August 2015

Comments

Popular posts from this blog

Data storage norm splits digital payments industry

Data storage norm splits digital payments industry  India’s nascent digital payment industry could be thrown into disarray due to the demand by the Reserve Bank of India (RBI) that all user data be stored within the country, fears an industry grouping, which has termed the decision as “heavy-handed”, even as others, including the country’s largest digital payment provider Paytm, have hailed the move.  In a bid to narrow the growing schism, the industry is planning to send a formal representation to the regulator highlighting its concerns, a top official told ET.  “We are trying to build a consensus on the issue," said the person adding that the representation to the central bank will be ready this week.  RBI on April 6, mandated all payment companies—global and local—to set up data storage facilities within India by October. The stringent six-month deadline has attracted the ire of several sections of the industry that fear it will lead to a disruption of wel...

Sebi to finalise options in commodities today

The Commodity Derivatives Advisory Committee of the Securities and Exchange Board of India ( Sebi) will meet on Friday with senior officials of the latter, to give a final shape to the rules on options trading in commodity futures, beside revising the warehousing norms to ensure good delivery on settlement. The decision taken, after discussing with the advisory committee, will be placed before the regulator’s board, to finalise the regulations. According to knowledgeable sources, three commodities in each segment, agricultural and non- agricultural, have been proposed for introducing options. It appears commodities from the soya and guar segments are preferred in the former. From the non- agri segment, it is likely that gold, silver and crude oil will be finalised. All these These have better liquidity and both the National Commodity and Derivatives Exchange and the Multi Commodity Exchange, respectively, will be able to introduce the options. In the equity segments, options ar...

E tailers global warehouses may come under tax net

E tailers  global warehouses may come under tax net Warehouses of e-commerce companies based in countries such as Australia, Japan, Italy,  Spain, the Netherlands, and Russia may not be exempted from paying the income tax in India  once the multilateral instrument (MLI) to prevent base erosion and profit shifting (BEPS)  comes into force. BEPS refers to the reporting framework mooted by the Organisation for Economic  Co-operation and Development (OECD) and signed by over 100 countries, including India, to  prevent exploiting gaps and mismatches in tax rules to shift profits by multinational  companies (MNCs) artificially to low-tax regimes. The representatives of 68 countries on June 7 this year signed an agreement (MLI) in Paris  to amend their tax treaties to bring them in alignment with measures to prevent BEPS.  However, there is still time for synchronising tax treaties with the multilateral  instrument. India has submitte...