-The Times of India The UPA government is likely to reintroduce the Land Acquisition Bill with a mammoth 157 amendments in the budget session of Parliament. Out of the 26 'substantive' measure the government plans to push through includes a provision that in case of acquisition for urbanization purposes, 20% of the developed land would be reserved and offered to the original owners at a price equal to the cost of acquisition...

-The Asian Age Sonia Gandhi’s economic and political ideology may have apparently triumphed over that of Manmohan Singh. The neo-liberal finance minister Palaniappan Chidambaram may be conveying an impression that he’s turned socialist with a vengeance by increasing taxes on the rich in the run-up to the 16th general elections. But the truth is that Mr Chidambaram has made certain assumptions about subsidies, inflation and the expected growth of gross domestic product...

-The Business Standard For some people, travelling by train to their village 1,400 km away is a journey through hell. These are people who travel unreserved. Their suffering is all the more traumatic for being symbolic of the apathy of those who run the trains and the country. Saraswati Mondal, an illiterate domestic worker in Delhi, going to Murshidabad by Kalka Mail goes to New Delhi station, walks into a crowd of...

-MoneyControl.com The Survey calls for a re-prioritization of expenditure especially in the subsidy front by cutting down the subsidy bill in case of Oil and Fertilizer and by increasing the efficiency of Targeted Public Distribution System (TPDS) and Direct Benefit transfer.  “The Survey calls for a re-prioritization of expenditure especially in the subsidy front by cutting down the subsidy bill in case of Oil and Fertilizer and by increasing the efficiency of...

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...