New Delhi: The land acquisition Bill that seeks to replace a century-old legislation has been finalized, rural development minister Jairam Ramesh said on Monday.
The cabinet will soon clear the draft legislation, he said.
The proposed law, which was introduced in Parliament last year, was sent to a parliamentary committee for scrutiny.
A revised draft, including some recommendations of the panel, was presented to the cabinet in August but it was then referred to a group of ministers headed by agriculture minister Sharad Pawar, given objections from key ministers.
The proposed law, renamed the Right to Fair Compensation, Resettlement, Rehabilitation and Transparency in Land Acquisition Bill, 2011, seeks to replace a 1894 law.