-The Times of India India's official unemployment rate was 3.8% for the last year and higher for urban than rural areas according to statistics released by the Labour Bureau on Tuesday. Goa, Kerala Bihar and West Bengal were among the states with high unemployment while Gujarat, Chhattisgarh, Rajasthan and Punjab were among the states with low unemployment. The 'Second Annual Employment and Unemployment Survey 2011-12', conducted by the Union Ministry of Labour...

-The Times of India   The Supreme Court on Tuesday agreed that the government had reasons to doubt its verdict laying down auction as the only way of allocating natural resources, in what is seen as an indication of a significant judicial rethink.  "On cancellation of spectrum licences allotted without following a transparent system, there is no doubt about its correctness. But if one reads the judgment to mean that auction must be...

-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

-The Economic Times Special Economic Zones will need to fulfill provisions of the proposed Land Acquisition and Rehabilitation and Resettlement Bill, if the rural development ministry has its way.  The draft bill, currently being circulated for inter-ministerial consultation, does not exempt land acquired under the Special Economic Zones Act, 2005, Works of Defence Act, 1903, and Cantonments Act, 2006, from adhering to the acquisition, rehabilitation and resettlement provisions of the proposed legislation.  Acquisition...

Implement land ceiling acts and enforce fifth and ninth schedule Radical left-wing resistance to the State has been festering in India since 1946, when the Communist Party of India began working in north Bengal and Telangana among landless scheduled castes and tribes who worked for a pittance in the lands of the upper-caste landowners in these areas. The root causes of this problem lie in the pernicious caste system of our...