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NHAI to seek changes in law to create land banks

The National Highways Authority of India (NHAI) will seek amendments in the National Highways Act to acquire more land to create land banks to meet future requirement and monetise them. This is being pushed as a non-conventional source for raising revenue for building and expansion of highways.

Sources said the amendments are necessary since the central law specifies that NHAI can acquire land only for highways. Section-3A, which deals with land acquisition, says, “Where the central government is satisfied that for a public purpose any land is required for the building, maintenance, management or operation of a national highway or part thereof, it may, by notification in the official gazette, declare its intention to acquire such land.”

Source
The Times Of India
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