Skip to main content

Rajasthan to amend 2013 land Act in current Assembly session

In its Assembly session that began on Wednesday, the Rajasthan government is planning to push some industryfriendly amendments to the Right to Fair Compensation and Transparency in Land Acquisition ( Rehabilitation and Resettlement) Act, 2013.
If it is able to amend the law inthecurrentsession, Rajasthan will become the first Bharatiya JanataParty( BJP)- ruledstateto change the central Act, after the Narendra Modi- led National Democratic Alliance government at the Centre recently succumbed to opposition pressure and allowed its land ordinance to lapse.
The state government had tried to amend the central Act last year, too. But BJP’s own legislators had stonewalled the RajasthanLandAcquisitionBill, 2014. This time, however, the statehopestobeabletoconvince itslegislators. The freshattempt comes after Chief Minister Vasundhara Raje recently announced at a NITI Aayog meeting of chief ministers, chaired by the prime minister, thathergovernmentwouldsoon enact its own land law.
After opposition from some party legislators, the Assembly had sent the Bill to a House select committee, which is yet to give its report. The Rajasthan government is likely to incorporate the recommendations of the committee.
“We went slowly on the ( earlier) Bill as the Centre brought an ordinance. Now that the central ordinance has lapsed, our Bill assumes relevance again. I assume the select committee that had earlier concluded its report and made certain recommendations will have to hold another sitting, because the context has changed,” Rajasthan Chief Secretary C S Rajan told Business Standard.
TheBill, whichthestategovernment had presented in the House last year, had tried to addresscertainconcernsaround the consent- clause and socialimpactassessment ( SIA) provisions in the 2013 Act. “ We will provide the highest compensation under the central law. We have said in our Bill that we will provide compensation for rehabilitation, too. Formanyprojects, consentmightnotbenecessary. For instance, if an existing road has to be widened for increased traffic, whereisthetimeorenergy to seek consent or do SIA and wait for two years?”
Business Standard, New Delhi, 18th Sept. 2015

Comments

Popular posts from this blog

Household debt up, but India still lags emerging-market economies: RBI

  Although household debt in India is rising, driven by increased borrowing from the financial sector, it remains lower than in other emerging-market economies (EMEs), the Reserve Bank of India (RBI) said in its Financial Stability Report. It added that non-housing retail loans, largely taken for consumption, accounted for 55 per cent of total household debt.As of December 2024, India’s household debt-to-gross domestic product ratio stood at 41.9 per cent. “...Non-housing retail loans, which are mostly used for consumption purposes, formed 54.9 per cent of total household debt as of March 2025 and 25.7 per cent of disposable income as of March 2024. Moreover, the share of these loans has been growing consistently over the years, and their growth has outpaced that of both housing loans and agriculture and business loans,” the RBI said in its report.Housing loans, by contrast, made up 29 per cent of household debt, and their growth has remained steady. However, disaggregated data sho...

External spillovers likely to hit India's financial system: RBI report

  While India’s growth remains insulated from global headwinds mainly due to buoyant domestic demand, the domestic financial system could, however, be impacted by external spillovers, the Reserve Bank of India (RBI) said in its half yearly Financial Stability Report published on Monday.Furthermore, the rising global trade disputes and intensifying geopolitical hostilities could negatively impact the domestic growth outlook and reduce the demand for bank credit, which has decelerated sharply. “Moreover, it could also lead to increased risk aversion among investors and further corrections in domestic equity markets, which despite the recent correction, remain at the high end of their historical range,” the report said.It noted that there is some build-up of stress, primarily in financial markets, on account of global spillovers, which is reflected in the marginal rise in the financial system stress indicator, an indicator of the stress level in the financial system, compared to its p...

Retail inflation cools to a six-year low of 2.82% in May on moderating food prices

  New Delhi: Retail inflation in India cooled to its lowest level in over six years in May, helped by a sharp moderation in food prices, according to provisional government data released Thursday.Consumer Price Index (CPI)-based inflation eased to 2.82% year-on-year, down from 3.16% in April and 4.8% in May last year, data from the Ministry of Statistics and Programme Implementation (MoSPI) showed. This marks the fourth consecutive month of sub-4% inflation, the longest such streak in at least five years.The data comes just days after the Reserve Bank of India’s (RBI) Monetary Policy Committee cut the repo rate by 50 basis points to 5.5%, its third straight cut and a cumulative reduction of 100 basis points since the easing cycle began in February. The move signals a possible pivot from inflation control to supporting growth.Food inflation came in at just 0.99% in May, down from 1.78% in April and a sharp decline from 8.69% a year ago.A Mint poll of 15 economists had projected CPI ...