After passing the Food Security Bill, the Lok Sabha will take up tomorrow another landmark legislation of the UPA – the Land Acquisition Bill. The bill seeks to provide just and fair compensation to families whose land has been acquired for industrial purposes.
The much-talked about bill proposes payment of compensationup to four times the market value in rural areas and two times the market value in urban areas.

Rural Development Minister Jairam Ramesh will move the Bill, which aims at making affected persons partners in development. He said the bill conveys government's determination to address widespread and historical injustices.

The bill – “The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012” will replace over a century-old Land Acquisition Act, 1894.