-Live Mint Cabinet refers land acquisition Bill to GoM to resolve differences after five ministers express apprehensions Differences within the Union cabinet have nixed the plans of the Congress-led United Progressive Alliance (UPA) to fast-track a new legislation for land acquisition and compensation, widely seen as a key measure to spur investment in the economy. Consequently, the cabinet on Tuesday referred the controversial land acquisition Bill to a ministerial group (a so-called group...
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The Assam tangle -Samudra Gupta Kashyap
-The Indian Express A little over 11 years ago, when the Congress defeated the Asom Gana Parishad and Tarun Gogoi took over as chief minister of Assam, people had their doubts. Would this man who had spent most of his political career since 1971 as a Lok Sabha member be able to run this state? The state, with its unique tangle of ethnicity and politics, has, after all, always been a...
More »Adani's SEZ under government scanner-Sidhartha
-The Times of India The threat of cancellation looms large over Adani Ports & Special Economic Zone's 1,840-hectare enclave in Gujarat for alleged violation of Centre's norms, including unauthorized construction over a plot that was not vacant. While a show-cause notice was issued a couple of months ago, and permission "suspended", the Commerce and industry department is expected to issue the final orders over the next few days. Sources said commerce secretary...
More »Red flag in front of FDI in pharma too-Pranab Dhal Samanta
-The Indian Express At a time when the government is struggling to get past objections from its coalition partners to attract investment in certain sectors such as retail, aviation and pensions fund management, a grim internecine ministerial battle has applied the brakes on foreign direct investment flow into one of the more attractive and lucrative sectors — pharmaceuticals. Clearances for over Rs 1,000 crore FDI in this sector, the second largest in...
More »Poor response from states on FDI in multi-brand retail
-The Times of India With the UPA government's efforts to build a consensus on allowing foreign retailers in the multi-brand retail sector going nowhere, Prime Minister Manmohan Singh on Wednesday urged the UPA allies to help evolve a consensus on the reforms measure. Participating in the first meeting of the newly set-up UPA co-ordination committee, PM said that it was necessary to build support for the move to let in foreign retailers. The...
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