Land Acquisition Policy in India: Towards a Pragmatic stance
History:
Issues with current legislation: | Capitalists | Socialists | Strong compensation policy | Discourages investors | Good for land owners | Govt should be able to acquire land for private investors | Will be helpful for society as it will lead to social development | Forceful usurping of land from poor farmers | More land to be converted to industrial | Will boost industrial growth of the country | Will harm the poor farmers | More industries | Provide employment to the previous land owners | Will take away the employment of many dependents – direct as well as indirect | What farmers do | Holding out | Exploitation by government in payment of prices | Value of land | Farmers overvalue their land | Government does not value their natural resources |
LARR,2011: Main features of LARR are: * The