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ALOK VERMA
Resource Centre / Categories :- Law|Statute| Acts|Update  » Property Law  » Landlord/Tenant Issues
Land Acquisition Act 2013
ALOK VERMA | 01/01/1970

Compensation varies with the market rates. In the case of rural area, it is four times the market rate and for an urban area, it is two times. Affected artisans, small traders, fisherman etc. by the land acquisition are given one-time payment even if they do not own any land.

 

There is also provision for rehabilitation and resettlement award which includes employment to one member of an affected family.

 

If Government acquires the lands for a private company, the said private company will be responsible for relief and rehabilitation of the affected people along with an additional rehabilitation package for SC/ST owners.

Fertile, irrigated, multi-cropped farmland can be acquired only in last resort.

If such fertile land is acquired, the Government will have to develop an equal size of wasteland for agriculture purpose.

 

In case someone is not satisfied with an award under the Act, they can approach the Land Acquisition, Rehabilitation and Resettlement (LARR) Authority.

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