The Rural Development Ministry seems to be a familiar ground for Jairam Ramesh . No sooner was he given the new portfolio, he announced that the two bills related to land acquisition would be clubbed. The minister spells out his priorities in an exclusive interview with ET. Excerpts: What will be the key motif for the omnibus land acquisition law you are proposing? The bill will be facilitative not restrictive....

One lives to learn — or unlearn. The working head of what passes for this country’s Planning Commission is unambiguous about it. One important measure to fight inflation, he believes, is to raise prices. That is to say, to stop prices from rising, you must first raise prices. The gentleman has heartily endorsed the recent serial increases in the prices of petroleum products since such increases will, in his view,...

The fear of losing their land for setting up industrial establishments, as is the case at present in Gadag, is not the only worry for farmers in Karnataka. The farmers in the State appeared to be a distressed lot even with farm lands in their possession. Contrary to what the State Home Department would want us to believe, the State Crime Records Bureau’s (SCRB) report portrays a dismal picture of the incidence...

-The Business Standard   For a country whose cuisine uses so much edible oil, India’s dependence on imported cooking oil is as economically debilitating as its dependence on imported energy. Barring a short spell in the late eighties, when the country was nearly self-sufficient in edible oil production, the bulk of the cooking oil needs have been met through imports for decades. Even today, domestic oilseed production does not meet even...

A host of steel-manufacturing units are keen to set up plants in Karnataka, and all want captive mines. SOUTH KOREA'S Posco is not the only steel-maker keen to do business in Karnataka. The State's estimated 9,000 million tonnes of good-quality iron ore reserves, which is the second largest in India, the State government's assurances on a smooth land acquisition process, the availability of water and the promise of speedy regulatory clearances...