Maharashtra cuts market price of land to be acquired for highways by 20%

TheMaharashtragovernments notification of January 14 to reduce the of land to be acquired for building state and national highways by 20% is set to meet with opposition. As per current norms, the government

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pays four times the existing market rate.

After the Centre made the land acquisition law, it allowed states to modify the existing laws by the way of a notification. The state governments move will severely reduce the compensation received by land owners, mostly farmers.