New Delhi, July 24: A meeting that worked on the draft bill to amend the land acquisition act has defined “project for public purpose”, a key term in the legislation.
“It refers to any project that benefits the public. This includes industry by private entities if it renders any benefit to the public,” said N.C. Saxena, a member of the National Advisory Council (NAC), who attended the meeting convened by rural development minister Jairam Ramesh.
When land is acquired for industry, the landowners will be paid at a rate six times that mentioned on the registered sale deed of any plot in the area in the previous six months. There will also be an additional solatium, whose quantity is yet to be finalised.
If the land price goes up between the time of acquisition and that of possession by the industry, 20 per cent of the increased price will be paid to the landowners.
Apart from this, the land-losing families — and the landless households dependent on the land sold — will each receive Rs 2,000 per month for 20 years. This sum will be inflation-indexed: it will go up as inflation rises.
Besides, one member from each land-losing family will be entitled to a job in the industry project. If a family lacks any eligible candidate, it will get a one-time compensation of Rs 2 lakh. If a project displaces families, they will have to be resettled in colonies with basic amenities such as schools and roads and will get an additional Rs 3,000 a month for 12 months. If a tribal family loses land to any project, it will be given an acre elsewhere.
Ramesh said on Thursday the bill would be introduced in Parliament in the monsoon session that starts next month.
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