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Ficci suggests reforms in land acquisition draft bill

-PTI   Industry body Ficci has suggested that the proposed land acquisition act should apply to the private companies only if they buy 500 acres of land or more, instead of the 100 acres as suggested in the draft law. "The industry feels the threshold of 100 acres is very low for projects, especially in rural areas and this may only encourage smaller and fragmented holdings particularly in the mining sector. Hence, this...

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Finance ministry for SPV model to build rural broadband network by Joji Thomas Philip

The finance ministry has asked the telecom department not to entrust state-owned BSNL with the Rs 20,000-crore project to build a nationalbroadband network to take high-speed internet to the hinterlands. It has recommended that a special purpose vehicle (SPV), consisting of many mobile phone companies, be entrusted with implementing this project, while adding that all stakeholders should be chosen through a transparent and competitive bidding process. The telecom department had identified...

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Job hubs to exclude labour reform

-The Telegraph   Labour laws will not be eased for the proposed national manufacturing investment zones (NMIZs), and there will be administrative arrangements for quick relief to workers in case a unit is closed. The government plans to generate 100 million jobs within a decade in these proposed zones. Proposals of flexible labour laws in these zones, which may have allowed hire-and-fire policies, had come under criticism from trade unions and as a...

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Warehouse norms may lessen food inflation by Anirudh Laskar & PR Sanjai

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

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Anti-Maoist war in serious trouble by Praveen Swami

Fighting the insurgency will need careful planning and sustained innovation. But New Delhi seems to have only big sacks of cash and even bigger words. Eleven weeks after the annihilation of an entire company of the Central Reserve Police Force in a Maoist ambush in April 2010 near the village of Tarmetla — the largest single loss India has ever suffered in a counter-insurgency campaign — Union Home Minister P. Chidambaram...

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