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Wednesday, April 23, 2014

Infra sectors to be hit by high land cost

There is a growing clamour against the provisions of a new land acquisition law with several infrastructure sectors - from road, to railway and power - fearing a three-fold jump in acquisition cost due to the new legislation. 

While the other ministries are just fretting over the issue, the road transport and highways ministry has asked government to increase Budgetary allocation for land acquisition. In a letter to the Cabinet secretariat, the ministry has also suggested that the government can seek views from other ministries such as heavy industries and power on how to deal with this issue. 


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