New Delhi Despite the relevant parliamentary standing committee’s unequivocal ‘No’ to government acquiring land for projects involving private money, Jairam Ramesh’s rural development ministry plans to seek the Cabinet’s nod for a proposal to allow such acquisition with caveats: The project should be in “public interest”; 80% of affected families must give their consent; and post-acquisition, land ownership must rest with the government.
The move — which aims to make more land available for projects in a country where public funds don’t match investment needs — is likely to be hailed by industry as “pragmatic”