The land minister has placed the Chittagong Hill Tracts (Land Acquisition) Regulation (Amendment) Bill in the House
The Chittagong Hill Tracts (Land Acquisition) Regulation (Amendment) Bill 2019 has been placed in parliament to provide 200-300% of the market price of land as compensation in case of land acquisition in the CHT region like the plain land of the country.
Land Minister Saifuzzaman Chowdhury on Monday piloted the bill in the House, which was then sent to the Parliamentary Standing Committee on Land Ministry for further scrutiny.
The committee was asked to submit its report within six days.
On January 21, the cabinet had approved the draft of the bill, which aims to remove disparity between the plain-land districts and CHT region in availing of compensation against land acquisition.
The Section 4(2) of the bill states, "In addition to the market value of the land, as provided above, the Deputy Commissioner shall, in every case, award a sum of 200 per centum for public purposes and 300 per centum for private purposes on such market value, in consideration of the compulsory nature of acquisition."
So, the land owners will get total 300% to 400% of their land price in case of land acquisition when the bill is passed by parliament.
On December 20, 2018, an ordinance was promulgated increasing the compensation to 300% from 15% in case of land acquisition in the CHT region.
According to the existing Chittagong Hill Tracts (Land Acquisition) Regulation 1958, the land owners at present get total 115% of market values of lands in case of land acquisition as they now get only 15% compensation in the CHT region.