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India Inc balks at Land Acquisition Bill

-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...

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Women Hung Out to Dry in Global Labour Market by Kanya D'Almeida

Amid policy battles over food production, energy resources and economic decline, one untapped natural resource that is guaranteed to boost production on a global scale has been stubbornly overlooked – the power of women in the labour force. According to the World Bank's 2012 World Development Report (WDR) "Gender Equality and Development", ensuring equal access for women farmers would increase maize yields by 11 to 16 percent in Malawi and 17...

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Relief packet blow to BJD by Subhashish Mohanty

The Opposition slammed the Naveen Patnaik government today for trying to make a political capital out of the flood relief operation by allegedly distributing relief material in bags emblazoned with conch symbol of the ruling party. The Biju Janata Dal (BJD), however, refuted the charge describing it as politically motivated. The state government decided to provide relief to the flood-hit for another seven days and provide them work under the Mahatma...

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Banks told to integrate operations with Regional Rural Banks for rural lending by Dheeraj Tiwari

In an attempt to extend the reach of banks in rural and semi-urban areas, the finance ministry has asked public sector banks to integrate their operations with regional rural banks (RRBs). "Charges for various banking services used by customers of RRBs are to be aligned with the sponsoring banks," a finance ministry official said on condition of anonymity. "Further, cheques or drafts issued by RRBs should be treated at par...

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Fuzzy movement by Prabhat Patnaik

The Anna Hazare movement demands no activism from its followers, not even a clear understanding of the specific demands. “COMBATING corruption”, like “promoting peace”, can mean anything to anyone; and precisely because of this “fuzziness” it appeals to everyone. Some join the anti-corruption movement because they are against “corporate loot”; others join because they are against the Nehru-Gandhi “dynasty”; and still others join because they oppose the “corrupt practice of...

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