-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

-The Economic Times Special Economic Zones will need to fulfill provisions of the proposed Land Acquisition and Rehabilitation and Resettlement Bill, if the rural development ministry has its way.  The draft bill, currently being circulated for inter-ministerial consultation, does not exempt land acquired under the Special Economic Zones Act, 2005, Works of Defence Act, 1903, and Cantonments Act, 2006, from adhering to the acquisition, rehabilitation and resettlement provisions of the proposed legislation.  Acquisition...

-The Times of India Between 60 and 65 million people are estimated to have been displaced in India since Independence, the highest number of people uprooted for development projects in the world.  "This amounts to around one million displaced every year since Independence," says a report released recently by the Working Group on Human Rights in India and the UN (WGHR). "Of these displaced, over 40% are tribals and another 40% consist...

Cabinet clears change in divorce law: Women to get part of husband’s property In a move that could be a setback to land acquisition for commercial use, a parliamentary committee unanimously recommended that the government should not acquire land for industrial, commercial or for-profit enterprises or private companies. Instead, the panel, which has proposed legislation favouring landowners, recommends that private companies and public-private partnerships would have to buy land in the open...

A parliamentary panel has sought to put strict safeguards on the government’s powers to acquire land and recommended that no plot under cultivation be taken away unless as a last resort. The recommendation — one of many on the Land Acquisition, Rehabilitation and Resettlement Bill, 2011 — seeks to give a leg-up to food security, but if accepted, could pose a challenge to the expansion of industries. “The concept of food security...