Question

Under Land Acquisition, Rehabilitation and Resettlement Act, 2013 stipulates mandatory consent of how much people in Public-Private Partnership Project?
1. 50%
2. 60%
3. 70%
4. 80%

Answer 1

Correct Answer - Option 3 : 70%

The correct answer is 70%.

• Under Land Acquisition, Rehabilitation and Resettlement Act, 2013 stipulates mandatory consent of 70% of people in Public-Private Partnership Project,
• The Bill circumscribe mandatory agreement of at least 70% of affected farmers for acquiring land for public-private partnership (PPP) projects and 80% for private companies.
• The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 is based on the thought of an impartial, fair, and transparent land acquisition network as well as the functioning of the authorities.
• It underlaid the process for land acquisition to involve a Social Impact Assessment survey, a preliminary notification stating the implication for acquisition, a declaration of acquisition, and compensation to be given by a certain time.

• All acquisitions postulate rehabilitation and resettlement to be stored for the people affected by the acquisition.
• Compensation for the owners of the possessed land shall be four times the market value in the case of rural areas and twice in the case of urban areas.
• The new law stipulated a mandatory inclination of at least 70 percent for acquiring land for public-private partnership (PPP) projects and 80 percent for acquiring land for private companies.