The Land Acquisition, Rehabilitation and Resettlement Bill, 2011 along with amendments will be taken up for consideration in Lok Sabha next Tuesday.
Among the amendments approved by Cabinet was the one suggested by Leader of Opposition in Lok Sabha Sushma Swaraj that instead of acquisition, the land could be leased to developers so that its ownership will remain with the farmers and would provide them with regular annual income.
Moving out of its way to create political consensus on the bill, the Cabinet also agreed to this important suggestion.
The Cabinet also approved three other amendments suggested by Left parties.
This will be moved as official amendments, sources said.
When contacted, Rural Development Minister Jairam Ramesh said, "We are working our best to create an all party consensus. We are working hard to ensure the bill get passed with the cooperation of all parties in this session of Parliament."
The bill, which seeks to address the problems of industry in land acquisition for projects, provides for compensation to landowners in rural and urban areas, with a stipulation that the consent of 80 per cent of the people be necessary for acquiring land for private industry.
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