Amidst the uproar frenzy over Land Acquisition Bill, Finance Minister Arun Jaitley said the BJP-led NDA government in 2013, the Land Acquisition Bill “fundamental shift” has to consider economic activity, particularly in rural areas, to ensure can be.
Speaking at Columbia University’s students and teachers Jaitley said, “for any government to change the law is quite challenging. The common belief is that you do not approve of land. ”
It arrived on a private visit, Jaitley said that the development of rural roads, irrigation, electrification, livable home for the poor and protect the land required for the projects. However, under the provisions of existing law, no land can not be acquired until then had not visit some of the terms.
‘Activities in this field has stopped completely. Even the defense is able to find a place for the projects. It is a daunting task.
You can not change the method of compensation, but national security, rural infrastructure and some discounts for homes worth living is important. We are now facing the challenge and see how it can be dealt with in Parliament. “