FICCI flays move to apply Land Acqusition Act retrospectively

"We would like to submit that if this law is implemented on retrospective basis, it would lead to a number of litigations and create a lot of uncertainty in the business environment," FICCI said in a representation to Agriculture Minister Sharad Pawar heading a GoM on Land Acquisition Bill.

Any law implemented on retrospective basis reduces investors' confidence in the system and "I don