Minister of State for Commerce and Industry E M Sudarsana Natchiappan said the industry should reach out to people of those areas where they propose to set up projects and explain about the advantages locals can have in terms of employment and development.
He said corporates are raising concerns over the law, saying it would impact them but ‘it is not the case’.
"You have to bring (local) people on board (while acquiring any land for a project)," Natchiappan said here at a Confederation of Indian Industry function.
India Inc termed the Land Acquisition legislation as a retrograde step and said this could have an adverse impact on the country's industrial and infrastructural development.
The domestic industry has also said the provisions of the Bill may push up cost of acquiring land by up to 3.5
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