{"id":134,"date":"2018-03-10T04:10:36","date_gmt":"2018-03-10T04:10:36","guid":{"rendered":"https:\/\/lex-warrier.in\/archives\/?p=134"},"modified":"2019-02-17T14:55:51","modified_gmt":"2019-02-17T14:55:51","slug":"economics-land-acquisition","status":"publish","type":"post","link":"https:\/\/lex-warrier.in\/archives\/economics-land-acquisition.html","title":{"rendered":"Economics of land acquisition"},"content":{"rendered":"<p style=\"text-align: center;\"><span style=\"color: #993300;\"><strong>Maddu Sriman Narayana<\/strong><\/span><br \/>\n4th Semester Student of BBA, LL.B, O.P. Jindal Global University<\/p>\n<hr \/>\n<h2>Abstract<\/h2>\n<p style=\"text-align: justify;\">Our nation had experienced a high level of land acquisition in the name of public purpose It is right to say that the country had developed highways, dams, mines, industries, airports, irrigation projects and several other areas of infrastructure. We generated lot of employment opportunities, infrastructural improvement, public resources and growth in the production and economy. The concept of eminent domain was arisen in many countries like Australia and U.S.A. for the public purpose with the idea that the state has an authority to acquire the lands forcefully from others to improve social benefits. However, such progress had taken place at the cost of millions of people. The land acquisition policies and government attitude to the victims of this process are not considerate enough to justify such development. Many issues have arisen on unfair compensation provided to land owners. This development without providing adequate justice to losers of land will not lead to Pareto improvement. This paper analyses the effects of land acquisition and shows that there is a substantial imbalance between social and economic development due to this policy. In addition, it provides remedies and other alternatives for this policy to achieve Pareto improvement.<\/p>\n<p><span style=\"color: #993300;\"><strong>Keywords:<\/strong> <\/span>Law and Economics, Land Acquisition in India, Public Purpose,\u00a0Pareto improvement<\/p>\n<p><span style=\"color: #3366ff;\"><strong>Preferred Citation<\/strong><\/span><\/p>\n<div class=\"su-quote su-quote-style-default\"><div class=\"su-quote-inner su-u-clearfix su-u-trim\">Maddu Sriman Narayana, Economics and land acquisition, The Lex-Warrier: Online Law Journal (2018) 3, pp. 114 \u2013 119, ISSN (O): 2319-8338<\/div><\/div>\n<p style=\"text-align: right;\"><a href=\"https:\/\/lex-warrier.in\/archives\/wp-content\/uploads\/2019\/02\/Economics-and-land-acquisition.pdf\" class=\"su-button su-button-style-glass\" style=\"color:#FFFFFF;background-color:#ef792d;border-color:#c06124;border-radius:7px\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color:#FFFFFF;padding:7px 20px;font-size:16px;line-height:24px;border-color:#f4a26c;border-radius:7px;text-shadow:none\"><i class=\"sui sui-file-pdf-o\" style=\"font-size:16px;color:#FFFFFF\"><\/i> Read the full paper<\/span><\/a>\n","protected":false},"excerpt":{"rendered":"<p>Maddu Sriman Narayana 4th Semester Student of BBA, LL.B, O.P. Jindal Global University Abstract Our nation had experienced a high level of land acquisition in the name of public purpose&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[3],"tags":[],"class_list":["post-134","post","type-post","status-publish","format-standard","hentry","category-abstract","no-post-thumbnail","clearfix","entry"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economics of land acquisition | The Lex-Warrier: Online Law Journal Online Law Journal<\/title>\n<meta name=\"description\" content=\"Land acquisition policies and government attitude to the victims of this process are not considerate enough to justify such development. 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