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Posted on Dec 14, 06:11AM | IANS
The cabinet Thursday cleared the Land Acquisition Bill that provides for consent of 80 percent of affected land owners in case of land acquired by private players.
The bill also provides for assent by 70 percent of affected land owners in case of land acquisition by a public-private partnership project.
According to a clause, if the acquired land is lying unutilised for five years, then it will lapse.