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Cabinet clears land bill, gives reforms a push

-The Hindustan Times The cabinet on Thursday cleared the land acquisition bill, paving way for its introduction in the winter session. With the new law in place, the government hopes to facilitate land acquisitions that have become a roadblock for the economy. The cabinet also removed bureaucratic hurdles that hold up highway projects. According to the provisions of the bill, consent of 80% of landowners would be needed to acquire land for private...

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Land bill in cabinet today, changes propose retrospective application-Ravish Tiwari

-The Indian Express Amendments to the contentious land acquisition Bill not only seek to hasten the acquisition process through tight time-schedules but also contain a provision that virtually allows the law to be applied retrospectively to cases that witnessed protests in the past. The union cabinet is due to discuss the amendments to the Land Acquisition, Rehabilitation and Resettlement Bill on Thursday. The changes suggest that the new law will be applicable to...

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Cabinet Clears Controversial Land Acquisition BIll

-Outlook The controversial Land Acquisition Bill was today cleared by the Union Cabinet, making mandatory the consent of 80 per cent of people whose land is taken for private projects. In the case of Public-Private Partnership projects, the bill makes mandatory obtaining of consent of 70 per cent of the people whose land will be for acquired. The bill was given the go-ahead at the Cabinet presided by Prime Minister Manmonan Singh. The bill...

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Retail store builders set to get FDI boost -Sachin Dave

-The Hindustan Times As both Houses of Parliament cleared the way foreign direct investment (FDI) in multi-brand retail, the mood of commercial real estate developers, who were facing a tough time building and renting out malls, is expected to look up. A revival of investment plans is on the cards. The supply of rental spaces across India recorded a drop of 65% in 2012 from the previous year, according to a report...

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As farmers suffer, NABARD offers soft loans to corporates-Shalini Singh

-The Hindu Private companies get loansat 6.5% with additional cash refunds; for farmers it is 7% The National Bank for Agriculture and Rural Development (NABARD), which is dedicated to promoting rural development by providing soft loans to State governments for social sector projects, has given hundreds of crores as loans to corporates on concessional terms. In the Union Budget of 2011-12, Rs. 18,000 crore was allocated by the Centre to NABARD’s Rural Infrastructure...

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