The draft rules, procedures and the guidelines will be finalized after it receives the feedback in 45 days
Rural Development Minister Jairam Ramesh said that the government will work with the industry for formulating the rules to implement the Land Acquisition Act. He said, we will work with industry in drafting the rules for the Act.’’
The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill 2013 which was passed by the Parliament in monsoon session will be notified after finalization either on January 1 2014 or April 1 2014 will come into effect once the notification is issued. The draft rules, procedures and the guidelines of the Act will be placed in the public domain in next week and gets final approval after the feedback received. Adding further the minister said, timelines for procedures were clearly delineated in the Act and penalties would be invited for any delays. Some procedures could run concurrently and would be completed in about 36-42 months. The government shortly be completing mapping of land to identify wasteland and barren tracts through the National Remote Sensing Agency and would be making this information available for public use.
The compensations will be based on the circle rates as well as average of top prices for proximate land parcels of last three years leaving no room for the confusions.
He also assured that there is nothing in the law should discourage private sale and purchase of the land. The future land acquisition will be more in bilateral manner. We hope that in next few years’ property transaction should happen more bilateral. Also we hope that there will be less of conflicts in land related. No agitations that we have been seeing hopefully because of the nature of the provisions been made.