-The Times of India Rural development minister Jairam Ramesh said he would not dilute the compensation package and rehabilitation norms in the draft land acquisition bill, throwing a challenge at ministerial colleagues who last week dubbed it anti-industry to block its approval by the Cabinet. "This bill is part of the political agenda of Congress and we are a political party. These people should know we are in government, they are ministers...

-The Telegraph Union minister Jairam Ramesh today described the proposed land acquisition bill as the “political agenda” of the Congress and said it would be reintroduced in the winter session of Parliament with no “significant” change. Five ministers had blocked the amended land acquisition bill in the cabinet last week on the ground that its provisions would stall industrialisation and urbanisation. “The land acquisition bill is the political agenda of the Congress Party....

-The Hindu ‘Competitive bidding would favour private players, give rise to monopolies’ Even as the controversy over the Comptroller and Auditor-General’s (CAG) report on coal blocks allocation that reportedly caused a loss of Rs. 1.86 lakh crore to the national exchequer rages, the Communist Party of India (Marxist) has said coal allocations and mining, in future, should be done through the public sector. In an article in party organ People’s Democracy, party general...

-The Economic Times New discoveries of natural resources in several African countries - including Ghana, Uganda, Tanzania, and Mozambique - raise an important question: will these windfalls be a blessing that brings prosperity and hope, or a political and economic curse, as has been the case in so many countries? On average, resource-rich countries have done even more poorly than countries without resources. They have grown more slowly, and with greater inequality...

-The Hindustan Times A bill that seeks to strike a balance between economic growth and issues such as natural resources and livelihood of local residents was referred to a group of ministers (GoM) by the cabinet on Tuesday. The decision of the cabinet meant that the bill — titled The Right to Fair Compensation, Resettlement, Rehabilitation and Transparency in Land Acquisition Bill (previously known as the Land Acquisition, Rehabilitation and Resettlement...