Bail industry out

CII wants government to reconsider land acquisition bill

THE Confederation of Indian Industry (cii) has opposed the Land Acquisition (Amendment) Bill 2007 likely to be tabled in the next session of Parliament. The cii in a press release said it wants the government to reconsider the bill that mandates industries to acquire land on their own from farmers. According to the bill, the government will acquire only 30 per cent land and that too after the private sector acquires 70 per cent of the site allotted for industrial projects.
This will make it difficult for industry to set up projects, cii said. Assembling land from numerous owners is not a task which the corporate sector can undertake effectively. The government should retain its role of acquiring land for industrial development, as industrialization is key to job creation, cii said.
It further said that the clause

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