-The Times of India The Delhi high court on Wednesday sought replies from the Centre, Bharti Walmart Private Limited and Bharti Retail Limited on a plea for a probe against the firms for allegedly carrying out retail trading in multi-brand sector in violation of India's FDI policy. A bench of acting Chief Justice AK Sikri and Justice Anil Kumar issued notices to the Centre and the firms on a PIL filed by...
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New water usage norms to encourage conservation
-The Economic Times The government plans to intervene in the use of water by industries and encourage conservation of the increasingly scarce resource by setting up a 'bureau of water-use efficiency' to grade various sectors and issue guidelines, official sources said. "We'll start with the industries and analyse whether they are water friendly or not," said a senior official at the ministry of water resources. For this, the ministry has roped in industrial...
More »Plan to bring SEZs under land law-Basant Kumar Mohanty
-The Telegraph Acquiring land for special economic zones may become tougher. The rural development ministry has redrafted the Land Acquisition, Rehabilitation and Resettlement (LARR) Bill with a provision that says the proposed law would apply to land acquisition under the Special Economic Zone Act, 2005. This means if the redrafted bill is passed, landlosers will have to be consulted and their consent taken before their land can be acquired under the SEZ Act,...
More »Bihar to spend in 5 years what Gujarat did in 50 years-Pradeep Thakur
-The Times of India An ongoing exercise at the Planning Commission lays bare Bihar's ambitious growth agenda. Its total plan outlay for the 12th five-year plan (2012-17) at Rs 2.69 lakh crore is more than what a fast growing state like Gujarat has spent in the last 50 years. Bihar's projected expenditure in the next five years will be the third highest among all states, next only to Andhra Pradesh and Maharashtra. The...
More »The Doctor Is In, But Only Just-Pragya Singh, Lola Nayar
The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...
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