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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...

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Only three days left, govt in a rush to push pending bills -Saubhadra Chatterji

-The Hindustan Times With just three days left before the ongoing Winter session winds up, the UPA floor managers are in a hurry to clear its pending legislative agenda. For Tuesday, the government has listed as many as seven bills for discussion and passing. Top government sources indicated that it may list heavy agenda for the remaining two days as well. With a large part of the session already disrupted over the...

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Cabinet clears land bill, gives reforms a push

-The Hindustan Times The cabinet on Thursday cleared the land acquisition bill, paving way for its introduction in the Winter session. With the new law in place, the government hopes to facilitate land acquisitions that have become a roadblock for the economy. The cabinet also removed bureaucratic hurdles that hold up highway projects. According to the provisions of the bill, consent of 80% of landowners would be needed to acquire land for private...

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Land Acquisition Bill may be re-introduced

-The Hindu The Land Acquisition Bill, which strengthens landowners’ rights during acquisition for development, has finally received the nod of the Union Cabinet, and is likely to be introduced in Parliament during the final week of the Winter session. The final version of the bill was approved by the Cabinet on Thursday, more than a year after Parliament sent the earlier avatar to a Standing Committee. In the months since, the bill...

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Cabinet Clears Controversial Land Acquisition BIll

-Outlook The controversial Land Acquisition Bill was today cleared by the Union Cabinet, making mandatory the consent of 80 per cent of people whose land is taken for private projects. In the case of Public-Private Partnership projects, the bill makes mandatory obtaining of consent of 70 per cent of the people whose land will be for acquired. The bill was given the go-ahead at the Cabinet presided by Prime Minister Manmonan Singh. The bill...

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