Panel to calculate compensation enhanced by courts

The authorities has constituted a high-level committee to advocate the tactic of calculation to pay curiosity, solatium and Additional Market Value (AMV) on the compensation enhanced by the courts at numerous ranges to individuals who misplaced their lands to the Telugu Ganga undertaking.

A G.O. launched on Tuesday stated the committee represented by senior officers of the stakeholder departments consists of the Chief Commissioner of Land Administration and Special Chief Secretary to the federal government, the Principal Finance Secretary from the Finance Department and Principal Secretary of Revenue Department as members and the Secretary, Water Resources Department because the Member Convenor.

While taking over the development of the Somasila undertaking throughout the Penna river and in addition the Kandaleru reservoir in Nellore district, sure lands have been acquired in Kadapa and Nellore districts and compensation was paid to the individuals who had misplaced their lands, beneath the provisions of the Land Acquisition Act in drive. Compensation was additionally paid for the timber and buildings that have been misplaced.

Not glad with the compensation awarded, the beneficiaries took a authorized course and the courts, at numerous ranges, enhanced the compensation worth for the lands, together with the timber and buildings. To pay the curiosity, solatium and Additional Market Value (AMV) on the compensation enhanced by the courts, the federal government has constituted the committee to evolve a scientific methodology which can stand authorized scrutiny.

The committee would submit its suggestions on the earliest, acknowledged the GO.