Mining firms have criticised the Indian government's decision to make them pay more tax to help develop tribal areas affected by the Maoist uprising. Various trade associations have denounced the bill, under which firms will pay upto 26% extra tax on profits. The new legislation is to be introduced during the new parliamentary session which started on Monday. Maoist rebels say they are fighting for the rights of indigenous tribal people and the...

-PTI   Aiming at ensuring better resettlement and rehabilitation, the draft Land Acquisition Bill proposes to set up a national monitoring body which will be regularly updated by the states. 'The Draft National Land Acquisition and Rehabilitation &Resettlement Bill, 2011' also proposes to set up authorities both at central and state level for speedy disposal of issues related to land acquisition. "The central government shall constitute aNational Monitoring Committee for reviewing and monitoring the...

-The Business Standard   Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production. "The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production," Coal India Chairman NC Jha said. Coal India, the country's largest coal miner, is expected...

There is no gainsaying that corruption breeds cynicism which undermines the democratic foundations of our polity. There is no gainsaying, too, that corruption results in a net shift of resources away from the poor. There can therefore be no two opinions about the need for controlling corruption through an appropriate lok pal bill. But the impression is unavoidable that the current hullabaloo about ‘corruption’ constitutes a case of mistaken identity:...

-The Times of India   Delhi Police on Friday denied permission to veteran social activist Anna Hazare to hold an indefinite hunger strike at the Jantar Mantar in New Delhi on August 16. The Delhi Police referred to the Supreme Court's 2009 order to deny team Anna permission for the indefinite strike anywhere in Delhi, the Times Now channel reports. The police, in its letter to Hazare, said that as Parliament would be...