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People, The Real Estate-Pragya Singh

-Outlook A new land acquisition bill readies for budget session. How will it fare? Bill Of Blights     Defines “public purpose” too broadly, allows govt to acquire land for PPPs     Less landowner consent required for PPPs than private-only projects     The bill’s compensation norms likely to face strict challenges in the courts     States have been given R&R powers but could lead to arbitrary outcomes     Doesn’t consider govt projects where compensation, R&R are neglected *** The...

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Why the Parliament should reject the standing committee’s recommendations on the Food Security Bill: RTFC

-Kafila.org This statement was put out by the RIGHT TO FOOD CAMPAIGN on 24 January The much awaited recommendations of the Standing Committee on Food, Consumer Affairs and Public Distribution on the National Food Security Bill are a letdown to those who wrote to the Committee urging it to ensure justice to the people of India.  The Committee despite taking a year since December 2011 when the Bill was tabled in the...

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Collective farming comes to the help of destitute and widowed women-MJ Prabhu

-The Hindu "The main aim of collective farming is to discourage migration from villages and to provide food security to the families" Nearly 200 landless women and widows in eight districts of the State are working under the umbrella of Tamil Nadu Women’s Collective network to do farming and allied activities for the last three years. Interestingly, when vast tracts of lands are being sold off to commercial realtors in the name of...

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Govt may hike annual agricultural lending target for Banks-Dheeraj Tiwari

-The Economic Times The government may increase the annual target of the banks for lending to the agriculture sector by 22% in the upcoming union budget to 7 lakh crore, in view of the revised classification of priority sector loans issued by the Reserve Bank of India. "Banks will be pushed to achieve their direct lending targets and focus on the new improved Kisan Credit Card scheme," said a finance ministry official,...

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Business by other means -Ajoy Ashirwad Mahaprashasta

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

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