Parliament passes Immovable Property (Amendment) Bill | Current Affairs, Current Affairs 2018

Parliament passes Immovable Property (Amendment) Bill

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The Parliament has passed the Requisitioning and Acquisition of Immovable Property (Amendment) Bill, 2017.
The bill, which seeks to amend the Requisitioning and Acquisition of Immovable Property Act, 1952, was adopted by a voice vote in Rajya Sabha, the upper house of the parliament. The Lok Sabha had passed the bill in December 2017. Some of the key highlights of the bills are it seeks to amend the regulations governing the compensation payable for acquisition of immovable property by the Centre for defence and security purposes. It seeks to amend a provision to allow the Centre to re-issue the notice of acquisition to ensure that the property owner gets an opportunity to be heard. The bill will help bring justice to those whose land was taken without proper notice. This is the 12th amendment that is being introduced to the bill. The bill has been amended 11 times before. The amendment has been introduced solely for defence and national security purpose.
The major concern of the bill’s critics is that the bill should not breach the Land Acquisition Act, 2013, which ensures double compensation for land, if acquired for a public purpose in the urban area, and four times in the rural area. According to the 2013 law, compensation for land acquisition for even national security and defence was not tampered and entitled to enhanced compensation.

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