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India's Proposed Land Bill


India's Proposed Land Bill

  • replaces Land Acquisition Act of 1894
  • requires 80 percent landowners' consent for private projects, none for public projects
  • provides compensation of 2 times market price in urban areas
  • provides compensation up to 4 times market price in rural areas
  • applies to industrial, development, mining projects
  • exempts highway, railway projects
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