Question

The Right of property is a fundamental right. State whether the statement is True (or) False And Justify it

Answer 1

Not any more it was removed in 1973 by the indira gandhi led government saying that land acquisition was important for economic growth

Answer 2

‘The Right of property is a fundamental right’ is a FALSE statement.

Explanation:

• The ‘Indian Constitution’ does not consider the ‘Right to Property’ as a ‘Fundamental Right’.  

• According to the 44th Amendment in 1977, the fundamental right to property no longer holds. This amendment eliminates the ‘right to acquire’, hold or dispose of property.  

• However Article 300 ‘A was inserted to affirm’ that no person is deprived of his or her property except by the Authority of the law.

• Right to property now stands as a statutory right instead of a fundamental right.