Articles on Land Acquisition #10

"The policy also has a self-imposed penalty clause that looks to enhance efficiency. Under the policy, if there is any delay in completion of the development by the land pooling agency — DDA, the authority will have to pay a penalty of 2 per cent of external development charges (EDC) per year for the first two years and 3 per cent of EDC per year thereafter to the DE (farmers/land owners) for delay beyond the date of completion of the construction by DE or five years, whichever is later, till the external development works are completed."

http://indianexpress.com/article/india/india-others/pooling-land-unlocking-value/