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Core Purpose

Notification making the Land Acquisition (Special Railway Projects) (Amendment) Rules, 2024, replacing references to 'a nationalized bank' with 'a Scheduled commercial bank (Public and Private)' in the Land Acquisition (Special Railway Projects) Rules, 2016.

Detailed Summary

The Ministry of Railways (Railway Board), by G.S.R. 341(E) dated 20 June 2024, exercising powers under Section 20P of the Railway Act, 1989 (24 of 1989), made the Land Acquisition (Special Railway Projects) (Amendment) Rules, 2024, amending the Land Acquisition (Special Railway Projects) Rules, 2016 so that in Rule 4(2) and Rule 5(1) the words "a nationalized bank" are substituted with "a Scheduled commercial bank (Public and Private) notified from time to time by the Reserve Bank of India as Agency bank"; the notification was issued under File No. 2023/LML-II/12/3 and signed by Pankaj Tyagi, Executive Director (Land and Amenities).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-22062024-254877 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 318] NEW DELHI, FRIDAY, JUNE 21, 2024/JYAISHTHA 31, 1946 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] MINISTRY OF RAILWAYS (Railway Board) NOTIFICATION New Delhi, the 20th June, 2024 G.S.R. 341(E).—In exercise of powers conferred by Section 20P of the Railway Act, 1989(24 of 1989), the Central Government hereby makes the following rules, namely:- 1. Short title, commencement and application:-(1) These rules may be called the Land Acquisition(Special Railway Projects)(Amendment) Rules, 2024. 2. In the Land Acquisition( Special Railway Projects) Rules, 2016,- (i) in rule 4, in sub-rule(2), for the words "a nationalized bank", the words and brackets "a Scheduled commercial bank(Public and Private) notified from time to time by the Reserve Bank of India as Agency bank", shall be substituted; (ii) in rule 5, in sub-rule(1), for the words "a nationalized bank", the words and brackets "a Scheduled commercial bank (Public and Private) notified from time to time by the Reserve Bank of India as Agency bank", shall be substituted. [F. No. 2023/LML-II/12/3] PANKAJ TYAGI, Executive Director (Land and Amenities) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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