New land bill is folly; it will slow down jobs, growth

The new Land Acquisition Bill proposed by Jairam Ramesh’s ministry and cleared by the cabinet on Monday is worthy of all the criticisms levelled against Anna Hazare’s Jan Lokpal Bill. It is unrealistic. It presumes that land is the central issue in inclusive growth. It is being trotted out like a silver bullet for all rural problems, just as Jan Lokpal was assumed to be the complete answer to corruption.

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