A question of land

With an uncertain investment climate leading to shelving of many greenfield projects, concerns over land acquisition have receded relatively to the background. But they are bound to return as and when corporates regain the confidence to put their money on the ground, literally. The current period, hopefully short, should be used by the Government to work out a more coherent policy framework for acquisition of land for investments, especially in infrastructure projects. Some States like West Bengal have declared that their governments would not acquire any land for private industries, and it is for the latter to negotiate directly with owners. 

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