-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...
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Draft on new SEZ rules soon: govt
-PTI The Commerce Ministry today said there was a need for a relook at the land ceiling rules for Special Economic Zones (SEZ) in view of protests against Land Acquisitions and it will shortly come out with a draft to bring changes in the SEZ Act of 2005. "There is a need [for a relook at] the SEZ rules and policies.... The minimum land requirement will also be relooked at, as land...
More »Indian Activists Bring Anti-Coal Campaign to World Bank by Amanda Wilson
As leaders from two of the world's largest financial institutions, the World Bank and International Monetary Fund, met for annual meetings here Tuesday, a delegation of activists from India called on the World Bank to follow through with its proposal to dramatically cut funding for coal-burning power stations. Over the next few days, the delegation will travel from Washington to West Virginia where, in the heart of the Appalachian Mountains, activists...
More »Chhattisgarh coal blocks a test case for acquiring tribal lands by Aman Sethi
This wedding season, anxious grooms from Parsa and Ghatburra, two villages in Chhattisgarh's Surguja district, were offered financial assistance from an unlikely source. Adani Mining Pvt Ltd, a subsidiary of Adani Enterprises Ltd, was handing out loans to all those who could prove that the money would be spent on marriage arrangements. “A company official took us to the bank, opened accounts in our names, and gave us cheques for Rs....
More »No TDS on compensation for farmland, clarifies government by Devika Banerji & Deepshikha Sikarwar
Farmers will not have to cough up any tax upfront on the compensation money they receive for their land acquired by the government. The rural development ministry has clarified after complaints that in absence of clear rules the harshest provisions were being imposed. "We have issued orders that all compensation money for agricultural Land Acquisitions in both urban and rural areas should be made without any deductions," said an official in...
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