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Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013


The Fourth Schedule

(See Section 106)

List of Enactments Regulating Land Acquisition and

Rehabilitation and Resettlement

1. The Ancient Monuments and Archaeological Sites and Remains Act, 1958 (24 of 1958).

2. The Atomic Energy Act, 1962 (33 of 1962).

3. The Damodar Valley Corporation Act, 1948 (14 of 1948).

4. The Indian Tramways Act, 1886 (11 of 1886).

5. The Land Acquisition (Mines) Act, 1885 (18 of 1885).

6. The Metro Railways (Construction of Works) Act, 1978 (33 of 1978).

7. The National Highways Act, 1956 (48 of 1956).

8. The Petroleum and Minerals Pipelines (Acquisition of Right of User in Land) Act, 1962 (50 of 1962).

9. The Requisitioning and Acquisition of Immovable Property Act, 1952 (30 of 1952).

10. The Resettlement of Displaced Persons (Land Acquisition) Act, 1948 (60 of 1948).

11. The Coal Bearing Areas Acquisition and Development Act, 1957 (20 of 1957).

12. The Electricity Act, 2003 (36 of 2003).

13. The Railways Act, 1989 (24 of 1989).

Serial number

Component of compensation package in respect of land acquired under the Act

Manner of determination of value

Date of deter mination of value

1.              

Market value of land

To be determined as provided under section 26.

 

2.              

Factor by which the market value is to be multipled in the case of rural areas

1.00 (One) to 2.00 (Two) based on the distance of project from urban area, as may be notified by the appropriate Government

 

3.              

Factor by which the market value is to be multipled in the case of urban areas

1 (One).

 

4.              

Value of assets attached to land or building

To be determined as provided under section 31.

 

5.              

Solatium

Equivalent to one hundred per cent. of the market value of land mentioned against serial number 1 multiplied by the factor specified against serial number 2 for rural areas or serial number 3 for urban areas plus value of assets attached to land or building against serial number 4 under column (2).

 

6.              

Final award in rural areas

Market value of land mentioned against serial number 1 multiplied by the factor specified against serial number 2 plus value of assets attached to land or building mentioned against serial number 4 under column (2) plus solatium mentioned against serial number 5 under column (2).

 

7.              

Final award in urban areas

Market value of land mentioned against serial number 1 multiplied by the factor specified against serial number 3 plus value of assets attached to land or building mentioned against serial number 4 under column (2) plus solatium mentioned against serial number 5 under column (2).

 

8.              

Other component, if any, to be included

 

 

NOTE .—The date on which values mentioned under column (2) are determined should be indicated under column (4) against each serial number.



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