socio-economic effects
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The Economic Impact of Land Acquisition for Industrial Projects
Abstract: Land acquisition for industrial projects plays a crucial role in promoting economic development, yet it often leads to significant socio-economic challenges. In India, land acquisition is regulated under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. While this legislation aims to ensure fair compensation, transparency, and proper rehabilitation for affected individuals, its implementation often faces significant hurdles. Prolonged administrative delays, ongoing legal battles, …
Published in International Journal of Land · Vol. 2, Issue 2, 2025 · pp. 17–24 Read article