"We have reached a broad consensus on the Land Acquisition Bill," Parliamentary Affairs Minister Kamal Nath and Leader of Opposition in Lok Sabha Sushma Swaraj told reporters after a 90-minute all-party meeting in New Delhi.
Government agreed to a key demand of the Bharatiya Janata Party, which had suggested that instead of acquisition, the land could be leased to developers so that its ownership will remain with the farmers and would provide them with regular annual income.
The government is learnt to have agreed to amend the Land Acquisition, Rehabilitation and Resettlement Bill, 2011, to provide for an enabling provision for states to enact laws in this regard as leasing of land was a state subject, government sources said.
However, the Left parties and Dravida Munnetra Kazhagam still have reservations on the Bill with the Communist Party of India-Marxist demanding consent of all the families affected due to the acquisition of land.
"There is a lot of dilution from the original Bill.
"The current version is against the interest of farmers. We will move amendments when the Bill is taken up in Parliament," CPI(M) leader Basudeb
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