"With an intention to serve their political interests, I can say the 2013 Land Acquisition Law passed during the UPA government tenure was a conspiracy to keep rural areas aloof from development and to keep landless people jobless," Jaitley said while addressing the inaugural session of two-day Madhya Pradesh BJP's State Executive meeting here.
He said in order to ensure development of rural areas and to generate employment for the landless people, the amendment in the bill was necessary.
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The law passed in 2013 had no provisions for military purpose, nuclear energy and for water resources schemes among others, he said.
The Minister said that if the 2013 law is implemented, then schemes like Rural Electrification Scheme and Pradhan Mantri Gramin Sadak Yojna (PMGSY) will have to be closed as there is no provision for acquisition of land for such programmes.
Praising Prime Minister Narendra Modi's leadership, Jaitley said India's stature has risen across the world and relations with neighbours have improved.