Home / Business / Money / Cabinet recommends re-promulgation of Land Ordinance: Srcs

Cabinet recommends re-promulgation of Land Ordinance: Srcs

The ordinance had failed the Rajya Sabha test in the first part of the Budget Session.

The Cabinet on Tuesday recommended re-promulgation of the Land Ordinance after it had lapsed, said sources. The move came after the Ordinance failed to pass in the Rajya Sabha in the first part of the Budget Session.

The Land Ordinance required President Pranab Mukherjee’s assent who had expressed his displeasure over taking the ordinance route.

The Narendra Modi government is however adamant on getting the Ordinance passed and has recommended its re-promulgation now.

On March 17, the united opposition undertook a protest march against the Land Acquisition Amendment Bill and MPs from 14 opposition parties marched from Parliament to Rashtraparti Bhavan.

The protest march was led by Congress President Sonia Gandhi. She had said, “14 political parties met the President and presented a memorandum to him. We have come together to oppose the Land Bill. We want the President to intervene and not to allow this Bill to be cleared.”

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 was passed in Lok Sabha on March 9.

The ordinance makes land acquisition easy for industry.

CNBC-TV18 Adds

Manish Tewari, expressing his extreme displeasure over the move, said the Congress will launch a campaign opposing the Ordinance

Leave a Reply

x

Check Also

Rupee recovers 6 paise to 67.01

The rupee today recovered some lost ground by rising 6 paise to ...

Notes ban to have positive impact on economy

NEW DELHI: The government’s demonetisation move has led to widespread adoption of ...