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The Act changed the norms for acquisition of land for use by private companies or in case of public-private partnerships, including compulsory approval of 80% of the landowners. The Act also introduced changes in the land acquisition process, including a compulsory social-impact study, which need to be conducted before an acquisition is made. [4]
Land acquisition in India is currently governed by the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, which came into force on 1 January 2014. [16] Until 2013, land acquisition in India was governed by Land Acquisition Act of 1894. [17]
The Economy of India under Company rule describes the economy of those regions that fell under Company rule in India during the years 1757 to 1858. The British East India Company began ruling parts of the Indian subcontinent beginning with the Battle of Plassey, which led to the conquest of Bengal Subah and the founding of the Bengal Presidency, before the Company expanded across most of the ...
Petroleum and Minerals Pipelines (Acquisition of Right of User in Land) Act: 1962: 50 Defence of India Act: 1962: 51 Customs Act: 1962: 52 Manipur (Sales of Motor Spirit and Lubricants) Taxation Act: 1962: 55 State Associated Banks (Miscellaneous Provisions) Act: 1962: 56 Delhi Motor Vehicles Taxation Act: 1962: 57 Warehousing Corporations Act ...
The English East India Company ("the Company") was founded in 1600, as The Company of Merchants of London Trading into the East Indies.It gained a foothold in India with the establishment of a factory in Masulipatnam on the Eastern coast of India in 1611 and the grant of the rights to establish a factory in Surat in 1612 by the Mughal Emperor Jahangir.
Independent India's most revolutionary land policy was perhaps the abolition of the Zamindari system (feudal landholding practices). Land-reform policy in India had two specific objectives: "The first is to remove such impediments to increase in agricultural production as arise from the agrarian structure inherited from the past.
The Tata Nano Singur controversy was a controversy generated by land acquisition of a proposed Tata Motors automobile factory at Singur in Hooghly district, West Bengal, India. The factory would have been used to build the compact car Tata Nano.
On 18 April 2020, the government of India passed an order that would protect Indian companies from FDI during the pandemic. All countries sharing a land border with India would now face scrutiny from the Ministry of Commerce and Industry before any FDIs. [19] These changes were incorporated in the Consolidated FDI policy released on 28 October ...