The final draft of the bill now proposes consent of two-third of "land losers" (from whom land would be purchased) for acquiring land for public-private-partnership and private projects, sources said.
It has no retrospective clause and instead there will be a cut-off date to be decided later, they said.
The GoM was sharpy divided on these aspects, with a number of Ministers opposing the retrospective clause as well as the original proposal for 80 per cent consent by both "livelihood losers and land losers" before land could be acquired.
"The bill is finalised. We have finalised the draft," said Agriculture Minister and head of the GoM Sharad Pawar after an hour-long meeting on the 'The Right to Fair Compensation, Resettlement, Rehabilitation and Transparency in Land Acquisition' Bill.
"Each and every issue on which there were different views, we succeeded in bringing some understanding," he told reporters after the third meeting of the 14-member GoM.
He did not specify but the differences within the GoM related to certain clauses including compensation issues, retrospective acquisitions and percentage of land owners whose consent would be required. (MORE)