One of the factors which delay industrial projects is the torturous process of complying with the provisions of the Land Acquisition Act and the inevitable litigation that follows.
The Supreme Court recently dealt with the project for a diamond park in Madhya Pradesh which has been delayed for seven years ( Pratibha Nema vs State of MP). The judgement is significant as it extensively discusses the meaning of
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper