Modi says willing to make changes in land decree

Image
Reuters NEW DELHI
Last Updated : Feb 27 2015 | 3:42 PM IST

NEW DELHI (Reuters) - The government is ready to make changes in an executive decree it had issued to make it easier for businesses to buy farm land for infrastructure and industry, Prime Minister Narendra Modi told lawmakers on Friday.

"We are ready to fix anything (in the decree) that is against farmers," he said.

While the decree is aimed at unlocking hundreds of billions of dollars worth of projects stuck for want of land, opposition parties and rights activists say it discriminates against farmers.

The decree is a temporary order and needs the approval of both houses of parliament to take permanent effect. It will lapse if parliament does not ratify it in this session.

(Reporting by Rajesh Kumar Singh; Editing by Douglas Busvine)

*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: Feb 27 2015 | 3:28 PM IST

Next Story