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At Rs 33,000, per capita debt in India increases by 23%

-The Economic Times The per capita income may have gone up by 14% during the last financial year, but the debt burden on every Indian - in the form of the government's debt - went up by 23%, latest official estimates show. According to finance ministry data, the per capita debt in India was estimated at nearly Rs 33,000 at the end of March 2012, compared to a little over Rs 26,600...

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No role for govt in land acquisition-Liz Mathew & Elizabeth Roche

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...

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Rich club parallel in hands-off land advice-Basant Kumar Mohanty

A parliamentary panel has cited the practice in developed countries to reject a key provision in the land acquisition bill allowing the government to acquire plots for private companies. The committee said in the US, Japan and Canada, land is purchased by private enterprises, not acquired by the state. Why should India continue this “anomalous practice”, asked the parliamentary standing committee on rural development in its report on the Land Acquisition,...

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Keeping India safe in cyberspace-Shivshankar Menon

There is need to find indigenous technologies and equipment to deal with this constant and undeclared threat There is increasing concern in the strategic community and the general public about cyber security and we are in the final stages of preparing a whole-of-government cyber security architecture. Our increasing dependence on cyberspace and the internet is evident. We had over 100 million internet users in India over two years ago. Add to this...

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Govt should stay off acquiring land for pvt projects'-Prasad Nichenametla

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...

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