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Ramesh, sharma reject panel suggestions on land acquisition by ferujkll sdff
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Ramesh, sharma reject panel suggestions on land acquisition |
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Business,Business News,Business Opportunities
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A recommendation by a Parliamentary panel that government shouldnot acquire land for private businesses was on Friday rejected bytwo Union Ministers — Jairam Ramesh and Anand Sharma —who said it was "regressive" and that the State cannot"abandon" its role. Mr. Sharma, the Commerce and Industry Minister, said the"regressive" recommendation will hurt industrial growthand investment and that he will oppose it when the matter comes upbefore the Cabinet. "...you cannot take a view which is regressive, whichprevents the growth of manufacturing.
Virtually it would dampen theinvestors sentiment," Mr. Sharma told reporters. Rejecting the panel recommendation, Mr. Ramesh, the Minister forRural Development, said, "We must recognise that we are notin a stage of development where government role in land acquisitioncan be completely eliminated and abandoned." A Parliamentary Standing Committee in a report presented onThursday set tough conditions for land acquisition and said thegovernment should not acquire land for private businesses andunderlined the need for a clearer definition of "publicpurpose" in this regard.
Mr. Sharma said the suggestions are not "acceptable" asit would "stop" manufacturing in the country. "Wehave to encourage investments especially in manufacturing sector,then only jobs will be created." "I have taken on board the concerns of the industry. We willbe placing this very firmly before the cabinet because we cannottake any step which infact goes against the original spirit andde-industrialise the country or brings down industrial growth andinvestment," he said.
The minister said states have an important role in zoning of theland and they are acquiring land to set up national investment andmanufacturing zones (NIMZs), which aims at creating 100 millionjobs in the next decade and increasing share of manufacturing from16 per cent at present to 25 per cent by 2022. Mr. Ramesh said the new Land Acquisition Bill, which will be tabledin Parliament in the Monsoon Session, will address thepanel's concerns and not further depress the sentiments ofinvestors in the country. "The public purpose can at times be met by governmentorganisations and at times these are met even by private companiesalso. The notion that private companies serve only private interestis not something that I believe in," Mr.
Ramesh toldreporters. I am a professional writer from Modems, which contains a great deal of information about plastic candy jars , disposable baby diapers, welcome to visit!
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