notification under Section 4 of the Act was issued, they did not file any objection under Section 5-A of the Act. As per document on record, the land is shown in the name of the Gram Panchayat and not reserved for any specific common purpose of the village. Further at the time of arguments, it was brought to our notice that the Gram Panchayat, by passing a resolution on 26.1.2010, consented to the acquisition of that land. That resolution is also not under challenge. It is contention of counsel for the petitioners that a grave loss will be caused to the villagers because once land stood acquired, income will not be available with the Gram Panchayat to undertake development activities in the village. We are not inclined to accept that argument. As is evident from the award, the Gram Panchayat is likely to get more than Rs.8 crore of compensation amount in lieu of the land under acquisition. If the said amount is put in a fixed deposit, the income to be derived, will be much more than the income which the Gram Panchayat might be getting at present, may be by leasing out the land in dispute. The petitioners may take up the matter with the officers of the Panchayat Department, so that amount of compensation remains secure with the Gram Panchayat and be used for development purposes only.
