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Protest against new Land Acquisition Bill

-Pratirodh.com NAPM on Tuesday started a three-day demonstration at Jantar Mantar in Delhi to protest against the draft Land Acquisition Bill and demanded revision of the draft to incorporate changes suggested by a Parliamentary panel and civil society.   NAPM has organised the dharna in association with several other land rights and anti-displacement movements — like the National Forum of Forest people,Mazdoor Kisan Shakti Sangathan  and Forest workers — under the banner of...

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Concerns raised against Land Acquisition bill

-Pratirodh Bureau Activists led by Narmada Bachao Andolan leader Medha Patkar have alleged that the much awaited Land Acquisition Bill was actually a "diluted version" of the Standing Committee's recommended bill.   The activists under belonging to various groups, including National Alliance of People’s Movements, National Forum of Forest people and Forest Workers, Kisan Sangharsh Samiti and Sangharsh claimed that the "positive" position taken by the Standing Committee had been diluted by the...

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Cutting fuel subsidy can cause 2.6% spike in inflation: RBI chief D Subbarao

-The Economic Times Reserve Bank of India Governor D Subbarao has said the proposed elimination of fuel subsidy can lead to a massive 2.6% spike in inflation, an assessment that makes it even more difficult for the government to bite the bullet. While a hike in diesel and cooking gas prices may be long overdue, the government is hard-pressed to contain inflation ahead of crucial assembly polls in Gujarat and Himachal Pradesh...

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Madhav Gadgil, ex member of NAC interviewed by Sreelatha Menon

-The Business Standard Madhav Gadgil headed the Western Ghats Ecology Expert Panel set up by the ministry of environment and forests in 2010. The report zoned 75 per cent of the Western Ghats into different grades of ecological sensitivity. The recommendation was to protect these zones with measures by phasing out mining and introducing organic farming and eco-friendly urbanisation. The report also proposed a development model executed in consultation with the...

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World's super-rich hold $32 trillion in offshore tax havens

-Reuters Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday.  The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.  The...

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