Kolkata: The West Bengal Cabinet on Wednesday approved the newly drafted Land Acquisition and Resettlement Bill that clearly states that the private players would have to acquire land for their projects directly from the land owners.

The new policy provides that the government would acquire land only for projects of public utility like building bridges, hospitals, laying railway tracks, setting up of embankments, irrigation projects and projects relating to internal security.

The bill clearly states that private entrepreneurs willing to set up industry in the state would have to purchase land directly from the farmers.

The Bengal Land Bill aims to acquire land only for government projects in the interest of the people with the consent of land owners against an agreed compensation package.

The landowners rendered homeless because of the acquisition will get Rs 1.5 lakh for building new house from the government.

In accordance to the new industrial policy, Mamata also promises a government job to a member of the family that has lost its land and a one-time payout of Rs 2 lakh.

In case members of a family are ineligible for a government job, the government would provide monthly family pension for twenty years.

The draft bill fixes the pension amount at Rs 3,000 per month for the first 12 months and Rs 2,000 per month for the remaining 19 years. In addition, the government will give an additional support of Rs 1.5 lakh for building houses in line with the new land bill.