Land Bill is placebo; real remedy is restoring Right to Property

Now that the Land Acquisition Bill is more or less a done deal, it is worth doing a post-mortem on it. That the Bill may do more harm than good in the short-run is apparent, since it arbitrarily seeks to price land at twice the market rate in urban areas and four times in rural areas. It also makes land acquisition difficult and time-consuming, since 70-80 percent consent of land owners will now be required, and there are elaborate provisions for rehabilitating...

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