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News Misc. Corporate Laws & Other Commercial Policies

  • Apr 19, 2014
  • Industry ministry secy for rejig of land acquisition law

    The Department of Industrial Policy and Promotion (DIPP) will press to the next government for redrafting the recently enacted Land Acquisition, Rehabilitation and Resettlement Act.“The new (land acquisition) Act is extremely bureaucratic, with the introduction of a social impact assessment. It is not pro-farmer; it provides for too many committees and too many approvals. It will be too time-consuming a process,” Amitabh Kant, secretary, DIPP, told Business Standard.

    Source - http://www.business-standard.com