Jharkhand govt approves R&R policy

The policy, approved by the Jharkhand cabinet yesterday, states that the investors should give Rs 1,000 per month to the displaced families for 30 years, official sources said today.     

It also gives the displaced family an option of investing 50 per cent of the amount earned for the land in share or debenture of the company which acquires it, sources said.     

Any affected family owning a house which has been acquired or lost may be allotted a house site free of cost to the extent that the actual loss of area of the acquired house is no more than 10 decimal of land in rural areas and five decimal in urban areas for each family.     

The project authorities should give a one-time compensation of Rs 50,000 to such families who have a small business but no land in the area acquired by the company.    

They should also provide basic amenities and infrastructural facilities at the resettlment areas.    

The cabinet approval to the R&R policy comes seven-and-a-half years after Jharkhand's creation and signing of MoU with over 80 investors inluding Arcelor-Mittal, Tata Steel and Reliance Energy.     

Arcelor-Mittal had already finished its survey work at Kamdra (Gumla district) and Torpa (Khunti district), the two sites selected by the company for its 12 Metric tonnes steel plant worth about Rs 40,000 crore in Jharkhand.