The controversial Land Acquisition Bill is set for further delay as its consideration was on Tuesday deferred by the Lok Sabha till the next session bowing to the wishes of Opposition members.
Parliamentary affairs minister Kamal Nath said the Bill will be taken up for consideration as the first measure in the budget session.
His statement came following pleas by BJP member Rajnath Singh, Mulayam Singh Yadav (SP), Basudeb Acharia (CPI-M) and Saugata Roy (TMC) for more time to discuss the provisions of the Bill which will have a wide ranging impact on farmers and industries.
The Bill provides for a fair compensation to land owners in both rural and urban areas with the stipulation that consent of 80% of the people for acquiring land for private industry is necessary.
Despite Sonia Gandhi-led National Advisory Council pushing for the law for long, the Bill has been hanging fire for sometime. It was referred to a GoM in the wake of differences in the Cabinet over certain provisions in the Bill, which has been described by rural development minister Jairam Ramesh as a balanced one.
The Land Acquisition, Rehabilitation and Resettlement Bill, 2011 was introduced in Parliament in September last year and was referred to a Parliamentary Standing Committee which submitted its recommendations in May.