Social impact mgmt plan mandatory under new Land Acquisition Act
12-04-14 State Government notifies the Rules under the Act, invites suggestions/objections till April 19 By Kartik Lokhande Now, any Government or private entity requiring land for a project will have to first prepare a ‘social impact assessment report’ and also a ‘social impact management plan’. This has been made mandatory under the new Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Maharashtra Government has notified the draft Rules under the Act recently and has invited suggestions/objections on the same till April 19. Interestingly, the draft Rules have been notified suggestions/objections have been invited during the period when Model Code of Conduct for Lok Sabha elections is in force. It may be mentioned here that the new Act has sent ripples in various Government departments as well as private companies as it would require payment of compensation for land to be acquired, at market rates. This wi...