Govt instituting rational framework for land acquisition: Modi

Image
Press Trust of India Hannover
Last Updated : Apr 13 2015 | 11:52 AM IST
Under attack over Land Ordinance, Prime Minister Narendra Modi today said the government was instituting a "rational framework" for acquisition of land without causing distress to farmers and other landowners.

"We are instituting a rational framework for acquisition of land without causing distress to farmers and other landowners," he said here while wooing global investors to India during his address at the inauguration of Hannover Fair.

He did not elaborate but was clearly sending out a message to the business community that land acquisition would not be a problem.

"We are creating a predictable and transparent environment approval process that will protect our natural heritage... With transparency and speed, we have resumed long-stalled projects and allocation of resources. This is adding new momentum to our economy," the Prime Minister said.

His remarks on Land Acquisition Ordinance assume significance as opposition is stepping up a joint campaign against the government over the issue.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 13 2015 | 1:22 AM IST

Next Story