The Hindu·3 min read·medium

Bidadi township: Chief Minister signals compensation beyond ₹3 crore an acre

C
Chetan B.C.
Bidadi township: Chief Minister signals compensation beyond ₹3 crore an acre
AI Summary

Karnataka Chief Minister D.K. Shivakumar has indicated that compensation for land losers in the Bidadi township project could exceed ₹3 crore per acre, a figure higher than the previously understood cap of ₹2.55 crore. While a committee initially set a maximum compensation, a clause allows for higher payouts based on guidance value, particularly when applying the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement Act, 2013. This move comes after a joint padayatra by opposition parties.

Close on the heels of the JD(S) and BJP’s joint padayatra, Chief Minister D.K. Shivakumar on Sunday, for the first time, indicated that the compensation for land losers in Bidadi could go up to ₹3 crore an acre, while the perceived cap so far has been ₹2.55 crore an acre.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
politicseconomysocial justice

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in