Land acquisition law will land us in trouble
Although India has one of the largest land masses in the world, the many competing needs for land have led to a crisis in acquisition for industrialisation and urbanisation. According to a CII analysis, land acquisition has emerged as one of the biggest hurdles delaying projects worth lakhs of crores. In this context, there is an urgent need to frame a balanced piece of legislation that would address diverse needs of landowners, project-affected families and industry is more acute.
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