CNBC-TV18‘s Rituparna Bhuyan reports on Ficci's objections against the Land Bill.
The second meeting of the group of ministers (GoM) on Land Acquisition and Rehabilitation Bill ended today without any final call on the proposed legislation.
Parag Parikh, director and chief financial officer of Gammon Infrastructure and Arun Maira, member of the Planning Commission join CNBC-TV18 to debate the new Land Acquisition and Rehabilitation Bill.
Hit by concerns of cost increase due to the new Land Acquisition Bill, DLF tumbled more than 7% yesterday. The company is just reviving from the blow it took from the CCI penalty, when the land bill has hit it. Rajeev Talwar, group executive director of DLF joins CNBC-TV18 to discuss the bill.
In an interview to CNBC-TV18, B Muthuraman, president of Confederation of Indian Industry (CII), speaks about the Land Acquisition and Rehabilitation Bill and gives his outlook going forward.
The landmark bill proposes strict norms for compensation and rehabilitation and also restricts government's power to acquire land for private projects. So how is India Inc reading this bill? While, the bill brings some relief in the form of transparency, it leaves a major lot of corporates unhappy.