The Land Bill that was introduced in the Lok Sabha on Thursday has the following povisions:
***The bill is set to replace a nearly 120-year-old law enacted during British rule in 1894.
***For the first time the bill is set to bring transparency in the process of land acquisition, compensation and rehabilitation as a matter of right.
***A key legislation, the bill calls for taking the consent of 80% of land owners for acquiring land for private projects and of 70% landowners for public-private projects.
***The Land Bill is said to have provisions to associate affected families with development activities.
***The bill also tries to lay down a transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisation by giving adequate financial compensation to the affected people.