-The Times of India The Planning Commission may drop reference to crony capitalism in the plan document after protests from some ministers who are of the view that any mention would be a tacit acknowledgment of the existence of the practice. Besides, it has suggested "transparent auction" of natural resources as the solution, something that the government is not willing to accept as the one-size-fits-all approach for all sectors. Apart from crony capitalism,...
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A risky strategy, born of panic -Siddharth Varadarajan
-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...
More »Bihar holds on to land maps
-The Telegraph New Delhi/Ranchi, Sept. 20: land reforms and revenue minister Mathura Prasad Mahto today accused Bihar government of not handing over 82,000 land maps of 32,615 villages in Jharkhand even though the new state was carved out in 2000. At the state revenue ministers’ conference titled Modernisation of Land Records, Mahto, in the presence of Union minister for rural development Jairam Ramesh, said Jharkhand had taken up the issue with Bihar...
More »PM Manmohan Singh asks GoM to fast-track land acquisition bill
-The Times of India Prime Minister Manmohan Singh has asked members of the ministerial panel to expeditiously clear the land acquisition bill, showing urgency on the legislation that is part of the core Congress agenda but has been held up for three years because of in-house differences. The bill was referred to a group of ministers after the Cabinet erupted over its key provisions, with ministers handling economic and infrastructure wings arguing...
More »Bill for land gives true value -Mihir Shah
-The Hindu The draft law on acquisition strikes a balance between development and justice for those who will be displaced in the process India is a rapidly industrialising economy and society with intense demands for better infrastructure from its people. The last 20 years have seen a great acceleration in this process, with India becoming one of the world’s fastest growing economies. However, for those whose lands were acquired for these purposes...
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