-The Economic Times NEW DELHI: Prime Minister Manmohan Singh's drive to revive investor sentiment by fast-tracking large stalled projects through the Cabinet Committee on Investments (CCI) and a special cell under it is encouraging Indian companies as well as big foreign investors such as Shell, Cairn India and Dell to knock on the government's door for urgent help. Over 250 projects worth Rs 11 lakh crore are now being considered by the...
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In the name of development -Anupama Katakam
-Frontline Riding roughshod over farmers' concerns, the Gujarat government notifies a project to develop the Mandal-Becharaji Special Investment Region, an industrial hub spread over 50,884 hectares, affecting 44 villages. But the villagers see it as a real estate scam and are determined to resist it. GUJARAT may soon have several new townships. The Narendra Modi-led government has proposed to set up 13 special investment regions (SIRs), which are essentially industrial hubs...
More »UN warns India against disaster risks in major PPP projects -Pradeep Thakur
-The Times of India NEW DELHI: A United Nations (UN) report has warned India that it is at greater risk by opting for public private partnership (PPP) mode of investment for raising its public infrastructure where the government has less control over its executing private partners and the latter has little interest in long term safety of the projects. A UN study, the Global Assessment Report (GAR) on disaster risk reduction, released...
More »Government's manufacturing zones land in trouble -Yogima Seth Sharma & Dilasha Seth
-The Economic Times NEW DELHI: The government's ambitious manufacturing thrust has run into trouble even before it could take off with many states expressing difficulty in acquiring the vast tracts of land needed to set up dedicated zones. Five states have written to the Department of Industrial Policy and Promotion, requesting it to consider revising the minimum land requirement (from existing 5,000 hectare) for developing National Manufacturing Investment Zones (NMIZs). These include Assam,...
More »No meeting ground -TK Rajalakshmi
-Frontline The Land Acquisition Bill runs into a roadblock as political parties fail to reach an agreement on the substantive features of the draft Bill or on the amendments proposed. The efforts of the United Progressive Alliance government to broker a consensus on the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012, which has been pending for over a year, have not paid off not because...
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