After passing the Food Bill, Lok Sabha on Thursday will take up another landmark legislation of the UPA the Land Acquisition Bill that seeks to provide a fair compensation and rehabilitation to land owners in both rural and urban areas for land that is acquired for developmental projects.
Rural Development Minister Jairam Ramesh will move the Bill, which aims at making affected persons partners in development, leading to an improvement in their post- acquisition social and economic status.
The Bill will replace over a century-old Land Acquisition Act, 1894, which suffers from various shortcomings, including silence on the issue of resettlement and rehabilitation of those displaced by the acquisition of land.
Besides, it had the much criticised 'Urgency Clause' which never truly defines what constitutes an urgent need and leaves it to the discretion of the acquiring authority. Apart from this, it provided low rates of compensation.