Scope of the Bill
- No land acquisition by Government for private companies for private purposes
- When private firms buy more than 100 acres in urban areas
What is Public Purpose?
- Land acquired in public interest where the benefits largely accrue to the general public
- Land acquired for Government or PSU for infrastructure projects
- Urbanisation projects for private firms for producing goods or providing a public service
- Consent of 80% of the project affected to be obtained through a prior informed process
Definition of ‘Affected Families'
- Land owners and livelihood losers (including landless labourers)
Food Security
- Multi-crop irrigated land will not be acquired, except as a demonstrably last measure
Compensation
-Urban: Award amount not less than twice that of the market value
-Rural: Award amount not less than four times the original market value; earlier it was six times.
R&R Entitlements
- Land owners: Subsistence allowance at Rs 3,000 a month for 12 months; Rs 2,000 a month a family as annuity for 20 years; Rs 50,000 for transportation; mandatory employment for one member of affected family
- Livelihood losers: Subsistence allowance at Rs 3,000 a month for 12 months; Rs 2,000 a month a family as annuity for 20 years; one-time resettlement amount of Rs 50,000; mandatory employment for one member of affected family
Source: Draft Bill