What proportion of industrial projects are being held up by land acquisition challenges? A somewhat abstruse debate entered the mainstream after Rahul Gandhi cited Centre for Monitoring Indian Economy (CMIE) data (provided by the Finance Ministry) in a 12 May Lok Sabha speech: https://twitter.com/OfficeOfRG/status/598070175515021312 Although I have argued elsewhere that the 8% figure may be an …
Tag: land acquisition
Modi’s land amendment would do very little for stalled projects
Thanks to a Right to Information request to the Ministry of Finance by Venkatesh Nayak of the Commonwealth Human Rights Initiative, we have more detail regarding how many industrial projects are being held up by land acquisition difficulties. The data were collected by the Centre for Monitoring Indian Economy (CMIE) and analysed in Chapter 4 (PDF) …
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Ground realities
In its recently released election manifesto, the Indian National Congress sought to take credit for passing the land acquisition act in August 2013: The seminal Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 - a key campaign promise of the Indian National Congress in 2009 - was enacted after …