The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post
Pranjal Parashar, MBA 2014-2016, Vinod Gupta School of Management, IIT Kharagpur
India though got its independence in 1947 was still under the rule of Land Acquisition Act,1894, which allowed government to acquire private lands. Well going by the exact content of the law, it authorised “Government” referred to as the central, state and even co-operative societies to acquire land for development purposes after paying a government-fixed compensation. This entire process was highly static in nature and landowners used to suffer a lot. Well looking at the situation , an amendment to this bill was proposed and The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act,2013 was passed on 1 Jan 2014.
Now in order to convert this bill into a full fledged act , approval from the upper house i.e Rajya Sabha is still awaited. Quoting Forbes India from 15th March 2014, as per the BJP government the Land Acquisition Act may be passed this week concreting it from a mere bill to an act. With this bill coming into an act it would primarily focuses on twin mandates which are landowner welfare+ meeting strategic and developmental needs of the country.