Image Image Image Image Image Image Image Image Image Image Image Image

| December 18, 2018

Scroll to top

Top

No Comments

India's lower house passes land acquisition bill -

The Indian parliament's lower house passed a controversial land acquisition bill that business-friendly Prime Minister Narendra Modi hopes will attract much-needed investment to boost the economyThe Indian parliament's lower house on Tuesday passed a controversial land acquisition bill that business-friendly Prime Minister Narendra Modi hopes will attract much-needed investment to boost the economy. The bill — which still has to be approved by the upper house — would make it easier for companies to purchase land, but opponents say it would hurt farmers. Modi's Bharatiya Janata Party (BJP) party and its allies have a majority in the lower house and proposed several last-minute amendments to ease the bill's passage late Tuesday. In December, the PM's cabinet approved an emergency executive order making it simpler to acquire land if it was to be utilised for power, housing or defence projects as part of a bid to kickstart billions of dollars' worth of stalled infrastructure projects.



Economy News Headlines – Yahoo! News

Submit a Comment