Highlights of the Bill :-
The states are free to frame their own laws and if they so desire, are free to improve upon the provisions stipulated under the proposed bill. It allows flexibility to the state government on whether or not to intervene on behalf of private players in land acquisitions .
The urgency clause can only be invoked in national defenses and for security purposes; R&R needs in the event of emergencies or natural calamities. Now, farmers will get only four times the market price in the rural areas while in urban areas it will be double the market price.
In any case, the R&R package will be applicable only when the private parties acquire 100 acres or more land in the rural areas and 50 acres or more in urban areas.
The promised R&R for those subsisting on the acquired land will now be applicable only to those who have been eking out a livelihood for at least three years on that piece of land. Earlier, all those sustaining themselves on the acquired piece of land were made eligible for compensation.
While the purpose of acquisition can't be changed, the bill, however, now allows transfer of land with the approval of the state government; if the transfer is made without any development of the land, the farmers will have to be paid 20% of the appreciated value.
The bill specifies timelines for the payment of compensation. The price of land has to be paid within three months of the award, and the other monetary compensations within six months and the infrastructure entitlements under the R&R package within 18 months. Penalties will be levied on violation.
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