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Indian Express-ICIJ probe: Vijay Mallya, Ravikant Ruia in tax havens -Ritu Sarin

-The Indian Express The 612 Indians on the list of those who have invested in tax havens such as the British Virgin Islands include two MPs, a former royal and top industrialists. RITU SARIN puts together details of 20 among them SONU LALCHAND MIRCHANDANI Mirchandani is the founder of popular consumer electronics firm Onida. Mirchandani and his wife, Soni, opened a BVI company called Strong Wing Overseas Ltd in 2006 with an authorised...

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Growth in pits, PM targets mining in opposition-ruled states -Rajeev Deshpande

-The Times of India Under pressure to energize the economy ahead of the 2014 election, the Manmohan Singh government is reaching across political divides to rescue mining projects in opposition-ruled states of Goa, Odisha and Karnataka. With third quarter growth sinking to 4.5% and the economic survey pointing to a mining and quarrying slowdown as a reason for poor industrial growth, the Centre has decided to ask the Supreme Court to relax...

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People, The Real Estate-Pragya Singh

-Outlook A new land acquisition bill readies for budget session. How will it fare? Bill Of Blights     Defines “public purpose” too broadly, allows govt to acquire land for PPPs     Less landowner consent required for PPPs than private-only projects     The bill’s compensation norms likely to face strict challenges in the courts     States have been given R&R powers but could lead to arbitrary outcomes     Doesn’t consider govt projects where compensation, R&R are neglected *** The...

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A law and its losers -TK Rajalakshmi

-Frontline The Land Acquisition, Resettlement and Rehabilitation Bill is an attempt to circumvent the hurdles before acquisition, such as rehabilitation of land losers, without much increasing the cost of land. THE preamble to the draft Land Acquisition, Resettlement and Rehabilitation (LARR) Bill is very noble; it talks about a “humane, informed, consultative and transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisation with the least disturbance...

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Land unrest set to increase in India: study-Kumar Sambhav S

-Down to Earth Enforcement and strengthening of laws that protect land rights of tribals and forest dwellers recommended Disputes over land rights, which have turned violent in recent years with communities taking on authorities, are set to rise India. Land requirement for industrial projects in India are set to be triple in the next 15 years, and with this conflicts over land acquisition are going to increase, according to a new study. Currently,...

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