Govt passes ordinance to ease land acquisition rules

Govt passes ordinance to ease land acquisition rules

Restrictions on buying land are among barriers holding up projects worth almost $300 billion in sectors such as rail, steel, mining and roads.

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Krishna N. Das
  • Dec 29, 2014,
  • Updated Dec 29, 2014 6:03 PM IST

Government passed an emergency executive order on Monday to ease land acquisition rules, a government source said, to kickstart hundreds of billions of dollars in stalled projects.

Restrictions on buying land are among barriers holding up projects worth almost $300 billion in sectors such as rail, steel, mining and roads.

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(Reuters)

Government passed an emergency executive order on Monday to ease land acquisition rules, a government source said, to kickstart hundreds of billions of dollars in stalled projects.

Restrictions on buying land are among barriers holding up projects worth almost $300 billion in sectors such as rail, steel, mining and roads.

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(Reuters)

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