-The Hindu The Cabinet Committee on Investment (CCI) seems to be helping to raze green speed-bumps - ruffling the feathers of environment and tribal activists in the process - with environment clearances having been issued for more than Rs. 45,000 crore worth of projects in its first two months of existence. In the next few months, the CCI expects to spur revisions in clearance provisions for high-rises, SEZs and roads, and form...

-The Times of India In a major setback to special economic zone (SEZ) developers, finance minister P Chidambaram has turned down the commerce department's plea to cut the minimum alternate tax (MAT), which was imposed two years ago. A lower or no tax burden was cited as one of the main drivers for boosting investment in what were until recently duty-free enclaves. The commerce department had made a case for reversing Chidambaram's...

-Pragoti The magnificent victory of the CPI(M)-led Left Front in Tripura - winning 50 out of the 60 seats – and the success of the LF candidate in the Nalhati by-election in West Bengal has been interpreted as a “re-emergence” of the Left parties by a senior CPI(M) leader. This does not seem to be a rigorous assessment. While the fifth consecutive win by the LF in Tripura is a matter of...

-Frontline Social development indicators in Gujarat are poor, proving that development in the State is lopsided On a hot day last November near Rajkot, Ramjibhai Patel, an octogenarian farmer, pointed to the middle distance and said, “See that lake?” There was indeed a shimmer in the dry landscape indicating water, but after a relatively poor monsoon, it seemed improbable. Chuckling, he said, “Yes, I see doubt on your face and you are...

-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...