Land Acquisition

Land Acquisition

Land acquisition in India is administered by the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR) and which came into power from 1 January 2014. On 31 December 2013, the President of India proclaimed an ordinance with an official mandate to “meet the twin objectives of farmer welfare; along with expeditiously meeting the strategic and developmental needs of the country”. Union Government of India has additionally made and advised the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Rules, 2014 under the Act to direct the system. The land acquisition in Jammu and Kashmir is represented by the Jammu and Kashmir Land Acquisition Act 1934.

Alternatives:
One of the alternative proposals to land acquisition is leasing the land from landowners for a certain lease period. policies of land acquisition gave way to political cronyism where land is acquired cheaply by securing favors from local governments and sold to industries at steep markup prices. Leasing land, may also support sustainable project development since the lands need to be returned to the landowners at the end of the lease period in a condition similar to its original form with out considerable environmental degradation. When the land is leased then anybody who has to otherwise give up land or livelihood will be compensated for its growing valuation over time. In this model, the landowner lends her land to the government for a steadily-increasing rent, or through an annuity-based system as currently practiced in Haryana and Uttar Pradesh.