-CaravanMagazine.in On 31 December 2014, the government issued an ordinance, amending the Right to Fair Compensation & Transparency in Land Acquisition, Rehabilitation & Resettlement Act, 2013 (LARR). The ordinance brought in several changes, of which the following was the most far-reaching: an amendment to Section 10(A) that exempted land acquisition for sectors such as defence, infrastructure—including public-private partnership projects—industrial corridors, private health and educational institutions and affordable housing, from the requirement...
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India's powerful farming lobby turns on Modi
-AFP KANJHAWALA: Farmer Tarachand Mathur was one of millions of Indians who voted Narendra Modi into power last year, but the government's push to make it easier for big business to forcibly acquire land means he won't be backing the premier again. Mathur, 64, believes Modi has turned his back on the plight of farmers, many of whom have seen their crops devastated by unseasonal rains since the start of this year. "I...
More »Job growth falls, down to lowest in 3 quarters
-The Indian Express Even as India is poised to emerge as the fastest growing economy in the world, employment generation in eight crucial sectors in the third quarter of 2014-15 dipped to its slowest pace in three quarters. Just 1.17 lakh new jobs were created in eight key sectors of the economy between October and December 2014, according to a survey by the labour bureau. In contrast, 1.58 lakh jobs were created...
More »The foreign donors on govt’s watch list
-The Indian Express From Greenpeace to a Danish government wing to church-backed NGOs, the government has put 14 foreign donors in the “prior approval” category; any transaction they make through Indian banks will need Home Ministry clearance. Among the allegations against them is that they were funding anti-India activities and clandestinely routing money to Greenpeace India. DENMARK DANIDA: Danish International Development Agency, the humanitarian aid wing of Denmark’s foreign ministry. Dan Church Aid: Funded...
More »Monsoon calling -Vinson Kurian
-The Hindu Business Line The recent devastation of crops shows that the Indian economy continues to be a ‘gamble’ on the rain. But can India Meteorological Department’s new model make it predictable? Moisture wrecks a farmer's life. Since February this year, lakhs of farmers across 14 states were left with damaged crops. Unseasonal rains destroyed crops on 11 million hectares spread over Rajasthan, Uttar Pradesh, Haryana, Madhya Pradesh, Maharashtra and Punjab....
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