<p>The new Land Acquisition Act to provide just and fair compensation to farmers will come into force from January 1, Rural Development Minister Jairam Ramesh said today.<br /><br /></p>.<p>He said that the rules of historic legislation replacing a 119-year-old act have been approved by the Law Ministry.<br /><br />"They (rules) will be put into the Gazette tomorrow and the Land Bill will be notified as of January 1, 2014," the minister said.<br /><br />The new law, passed during the Monsoon Session of Parliament, received the assent of the President on September 27.<br /><br />The bill was brought as the archaic act of 1894 suffered from various shortcomings including silence on the issue of resettlement and rehabilitation of those displaced by acquisition of land.</p>
<p>The new Land Acquisition Act to provide just and fair compensation to farmers will come into force from January 1, Rural Development Minister Jairam Ramesh said today.<br /><br /></p>.<p>He said that the rules of historic legislation replacing a 119-year-old act have been approved by the Law Ministry.<br /><br />"They (rules) will be put into the Gazette tomorrow and the Land Bill will be notified as of January 1, 2014," the minister said.<br /><br />The new law, passed during the Monsoon Session of Parliament, received the assent of the President on September 27.<br /><br />The bill was brought as the archaic act of 1894 suffered from various shortcomings including silence on the issue of resettlement and rehabilitation of those displaced by acquisition of land.</p>