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An Act to ensure,in consultation with institutions oflocal self-government and Gram Sabhas established under the Constitution, a humane, participative, informed andt ransparent process for land acquisition for industrialisation, development of essential infrastructuml facilities and urbanisation with the least disturbance to the owners of the land and other affected families and provide just and fair compensation to the affected families whose land has been acquired or proposed to be cquired or are affected by such acquisition and make adequate provisions for such affected persons for the irrehabilitation and resettlement and for ensuring that the cumulative outcome of compulsory acquisition should be that affected persons become partners in development leading to an improvement in their post acquisition social and economic status and formatters connected there with or incidental the reto.