000			01381nam a2200181Ia 4500
999			_c173106 _d173106
005			20220514220205.0
008			200208s9999 xx 000 0 und d
082			_a333.31 RAG
100			_a"Raghu Ram,Tata L."
245		0	_aLand acquisitions in a new policy regime
260			_aJamshedpur
260			_bXLRI
260			_c2011
300			_a232p.
520			_aThe new Bill on land acquisition recently tabled in Parliament is well intentioned but seriously flawed. Its principal defect is that it attaches an arbitrary mark-up to the historical market price to determine compensation amounts. This will guarantee neither social justice nor the efficient use of resources. The Bill also places unnecessary and severe conditions on land acquisition, such as restrictions on the use of multi-cropped land and insistence on public purpose, all of which are going to stifle the pace of development without promoting the interests of farmers. We present an alternative approach that will allow farmers to choose compensation in either land or cash, determine their own price instead of leaving it to the government's discretion, and also reallocate the remaining farmland in the most efficient manner. Our proposed method involves a land auction covering not only the project site but also the surrounding agricultural land.
650			_aLand acquisition
942			_cB _2ddc