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Thursday, 9 January 2014

No bar on purchase of private land: Ramesh to industry

New Delhi: With the new Land Acquisition Act coming into force, government on Wednesday sought to allay apprehension of the industry, saying there is no bar whatsoever on purchase of private land.

"You want land? Go buy the land," Rural Development Minister Jairam Ramesh said when asked about his message to private industry on a day the new law came into force.

Investors had expressed apprehension that the new law, which replaced over a century old act, would make land acquisition more expensive for industrial and infrastructure development.
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