Chemmozhi Express - செம்மொழியாம் இன்ப தமிழ் மொழியாம், செம்மொழி பேசும் மக்களை இனைப்பதாம் செம்மொழி விரைவு இரயில் - Sakthivel Srinivasan

I have never heard of the compensation being offered to land owners for Bullet train project which reportedly have many components:
(1) four times the circle rate of the land,
(2) plus a 25% bonus
(3) as well as a one-time payment of Rs 5 lakh
(4)...
more...

If one loses a house, he or she can choose either a new one built nearby (500 sq feet) or money to buy a new house elsewhere at twice the construction cost
(5) For livelihood loss, the offer is Rs 3,600 per month for one year.
Rs 5 lakh rehabilitation payment to landless agriculture workers one-time. Rs 25,000 to employees of shops on land to be acquired
(6) Even for forest land, the project is paying 50% of land cost to the displaced and the remaining 50% to the state government.
(7) For fruit-bearing trees axed, farmers are being offered the amount expected to be earned for the remainder of the tree’s lifetime
(8) company pays a 12% interest on the compensation amount to be calculated from the date of notice.
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Surprising thing is even then the company is not able to get land! Matter appears to be a political one. Just 3 decades back govt used to compensate at the rate of Govt. rates which were just 20-25% of market rates. Today govt. rates are almost equal to market rates and such high rates of compensation and total compensation is much higher than 5 times the govt. rates!
This will make project ery costly ans shall deter the foreign companies to setup industries in India, as land acquisition shall become prohibitive