-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...

-Business Standard The ordinance has returned near absolute power of discretion in land acquisition, except in tribal areas, into the hands of the bureaucracy yet again Even after the National Democratic Alliance's land ordinance, governments will still need the consent of tribal gram sabhas in all Schedule V and VI areas of the country before acquiring land for themselves or for public-private projects. While the land ordinance has done away with the need...

-The Telegraph New Delhi: The Centre has proposed stringent and uniform safety standards for all cars from next year to ensure there are no fatalities if a crash occurs up to a speed of 56kmph. The guidelines, likely to be issued by February, seem to have been triggered by the failure of most India-made cars to clear a "crash" test conducted by a UK-based safety agency over the past few months. "We want...

-Down to Earth Employment guarantee, rural road and sanitation schemes among those likely to be affected The upcoming budget will see social sectors face huge cuts in funds. Ministries concerned with infrastructure works, on the other hand, will be given with more funds. These include ministries of shipping, road and transport, telecom and power. The Prime Minister's Office (PMO) has directed the Union Ministry of Finance to include these budget adjustments in the...

-Down to Earth Death and injury prevention get little attention To address the problem of road safety, the Union Ministry of Road Transport and Highways (MoRTH) has published a draft Road Transport and Safety Bill for public comments and suggestions. If passed by Parliament, it would replace the existing Motor Vehicles Act of 1988. While the bill should be aiming for zero mortality, it has set a target to save 200,000 lives in...