Andhra Pradesh passes amendments to Centre's land acquisition law; a boost for private property rights
Until the Centre passed this law, India followed the Land Acquisition Act of 1894, which was written expressly to allow the colonial regime to acquire land.
Leaders from five farmer organisations today attacked the Modi government over provisions of the land ordinance saying the changes being brought in the 2013 land law are "alarming" and urged a parliamentary panel to recommend their withdrawal.
The entire exercise, though humane, is quite pointless because the farmer is no different from any other Indian, nor is he more prone to commit suicide than, say, college student or industrial worker.
The government on Saturday said it is contemplating changes in the land acquisition law to make it "more flexible", a move which could help in kick starting stalled projects.
According to research and rating firm Crisil, the new legislation will lead to an increase in the gestation period of major projects and spike overall costs.