Land Bill: India Inc wary of rising costs; but welcomes aim

As voting for the Land Acquisition, Rehabilitation and Resettlement Bill, 2011 gets underway in the Lok Sabha, India Inc expresses mixed reactions to the proposal. Some industrialists feel that this will throttle industrial growth in the country, expressing reservations against crucial clauses in the document, yet some others also welcomed the overall intentions of the Bill. While they foresee lesser delays in acquiring land for development, project costs may also see a surge going forward.


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