-The Hindu After having managed to push through the major reforms legislations such as the Banking and Companies Bills and also getting through with the 51 per cent foreign direct investment (FDI) in multi-brand retail, the UPA II dispensation will have to wait till the budget session of Parliament to get the Insurance Bill passed which seeks to raise the FDI cap in the insurance sector to 45 per cent. With the...
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Lok Sabha paves way for setting up more banks
-PTI Parliament on Thursday paved the way for corporate houses to enter the banking sector by approving the banking bill, a key reform legislation pending for long. Parliament also passed the amendments to the debt recovery laws or Sarfesi law after a reply by finance minister P Chidambaram on the combined discussion on the two bills in Rajya Sabha. These two Bills -- Banking Laws (Amendment) Bill, 2012, and Enforcement of Security Interest...
More »Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal
-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...
More »Land grab by MNCs in Africa cause for concern: experts -Gargi Parsai
-The Hindu ‘Governments must protect interest of producer, consumer’ The controversy regarding India’s permission to allow foreign direct investment in multi-brand retail and growing “land grab” in Africa by multinational corporations are being closely watched globally by agriculture experts, researchers and donors. At a workshop here on ‘Supporting Policy Research to Inform Agricultural Policy in Sub-Saharan Africa and South Asia’ — which a few journalists from both regions were invited to attend —...
More »UID 'compulsory' from January 1, but lakhs yet to be enrolled
-The Times of India The Delhi government has put out public notices declaring that an Aadhaar card will be compulsory from January 1 for access to every government service. The notice has left people confused for lakhs of Delhiites are yet to be enrolled under the Aadhaar programme. On Saturday, Nandan Nilekani represented the UIDAI at the launch of Delhi Government's Annshree Yojana which is cited as the first Aadhaar UID-enabled scheme....
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