After day-long debates, the Lok Sabha on Thursday passed the Land Acquisition and Rehabilitation Bill.
Amid ruckus by opposition members, the bill was earlier tabled in the House.
According to reports, Trinamool Congress (TMC) MP Kalyan Banerjee nearly came to blows with the Left´s Basudev Acharya during a debate on the Land Acquisition Bill.
The government has moved about 165 amendments and the opposition has moved as many as 116 amendments to the Land Acquisition, Rehabilitation and Resettlement Bill, 2011.
The bill seeks to replace the Land Acquisition Act, 1894.
The bill states that the consent of 80 percent of land owners concerned is needed for acquiring land for private projects and of 70 percent landowners for public-private projects.
It proposes that up to four times the market value should be paid to farmers and landowners in return of the land acquired in rural areas and two times the market value in urban areas.
Congress supremo Sonia Gandhi was present during the debate on the bill.
After a 9-hour-long debate on Monday, the United Progressive Alliance (UPA) government´s flagship Food Security Bill was passed by the Lok Sabha.