-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...

-The Hindu The land bill passed by the Lok Sabha and pending before the Rajya Sabha has no chance of being cleared before April 5. The Union Cabinet on Tuesday discussed re-promulgation of the Land Acquisition Ordinance but refrained from making an official announcement on the decision taken. Senior Cabinet sources told The Hindu that the government is determined to re-issue the ordinance in its changed form following amendments to the Bill introduced...

-The Hindu Orders fresh survey on shortfall in urban areas Prime Minister Narendra Modi does not want one of his pet projects - "Housing for All by 2022" - to miss its target. Mr. Modi has asked for a fresh survey to ascertain the exact housing shortfall in urban areas. The government has announced construction of two crore houses annually to meet the target, but Mr. Modi, who is monitoring the scheme, has instructed...

-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...

-The Indian Express The budget aims at economic growth and social protection. This is welcome. So are provisions for financial inclusion, housing, water, sanitation and rural electrification. But there are also substantial cuts in crucial social sectors and key omissions that are likely to undermine its stated economic objectives. Consider agriculture, environment and women. First, double-digit growth or poverty reduction is unlikely without strong, sustained agricultural growth. In 2014-15, agriculture grew at...