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India: Real-estate sector jittery over new land acquisition law

Posted on 06 September 2011

The Union Cabinet on Monday cleared a new land acquisition law that tries to bridge the gaps in existing legislation. Popular protests against governments acquiring land for private projects have spread across the country and toppled a 35-year-old Left government in Bengal.
The Congress hopes to gain some political mileage from the new law and deflect accusations of policy drift. Industry, however, was less than enthusiastic about the new law……………………………………….Full Article: Source


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